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Investors Rush to Buy Ibotta Stock in its IPO

·1 min

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Enthusiasm for IPOs continues to grow as Ibotta, a Denver-based digital-rewards company, prepares for its stock-market debut. The company, whose name is a nod to the phrase ‘I bought a,’ had selected its IPO date six months ago, according to its CEO and founder, Bryan Leach. The timing is fortuitous, as the IPO market has recently experienced a resurgence.