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Actress Jessica Alba’s personal care company The Honest Company completed its initial public offering, selling 25.8 million shares at US$16 each, right in the middle of its recently announced range of US$14 to US$17 per share.
The stock debuted at US$21.22 per share.
Based in Los Angeles, The Honest Company produces consumers goods like household cleaners, diapers and beauty items. The company has reportedly seen its sales increase by 30% during the pandemic.
Before you can invest in The Honest Company, you’ll need to open a brokerage account with access to the US stock market.
It’s impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Marqeta can be useful in determining how the market is performing and whether now is a good time to invest in this industry.
Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn’t include every stock available.
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