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Actress Jessica Alba makes $90M after Honest Company's market debut
short by Hiral Goyal / on Wednesday, 5 May, 2021
Hollywood actress Jessica Alba co-founded Honest Company made its stock market debut on Wednesday, after raising $413 million in the initial public offering. Honest Company opened 30% above the offer price, valuing the 40-year-old Alba’s stake in the startup at $90 million. Honest Company, which makes beauty and baby products, was valued at more than $2 billion after its debut.
read more at BloombergQuint