Jessica Alba's Honest Co valued at nearly $2 bln in market debut

  • 5/5/2021
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May 4 (Reuters) - Jessica Alba’s consumer goods company Honest Co was valued at $1.9 billion in its Nasdaq debut, after its shares opened 33% above their offer price on Wednesday. The company’s stock opened at $21.22 per share, compared to the offer price of $16 per share. (Reporting by Niket Nishant in Bengaluru; Editing by Ramakrishnan M.) Our Standards: The Thomson Reuters Trust Principles.

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