Honest Co. makes $413 million IPO debut

(Bloomberg)—The Honest Co., No. 350 in the 2021 Digital Commerce 360 Top 1000, made its trading debut Wednesday in a further test of co-founder Jessica Alba’s pitch to would-be wellness investors. The personal-care products brand and its venture capital backers raised $413 million in an initial public offering Tuesday, selling 25.8 million shares for $16 each after marketing them for $14 to $17. Research & Analysis ...

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