Ibotta Shares Soar to $117 in NYSE Debut

Ibotta shares opened at $117 in their NYSE debut, surpassing their IPO price of $88. The market saw a mix of global news, with China-US metal sector tensions and tech sector updates. Walmart-backed Ibotta was valued at $3.55 billion, while TSMC reported a profit increase. Local news included Sydney’s Bondi Westfield mall reopening and Nokia’s mobile network demand. The stock market remained active, with investors and analysts tracking developments across various sectors.