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Podcast  >  Morning Run  >  Market Watch  >  For IPOs, It’s Profit That Counts Not Cash Burn

For IPOs, It’s Profit That Counts Not Cash Burn

Jack Kouzi, Director for Strategy, VFS Group

20-Sep-23 07:00

For IPOs, It’s Profit That Counts Not Cash Burn

Instacart debut on the Nasdaq with their shares popped 40% to open at 42 dollars. Jack Kouzi, Director for Strategy at VFS Group tells us the prospects of these IPOs, and expectations from Fed meeting this week.

Image credit: Shutterstock.com

Produced by: Mike Gong

Presented by: Wong Shou Ning, Philip See, Mark Tan


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Categories:  markets

Tags:  instacart debut,  nasdaq,  shares, 


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