New York (AP) – The company “The Honest Company”, co-founded by Hollywood star Jessica Alba (40), celebrated a successful premiere on the Nasdaq tech stock exchange.
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The price of the shares, which were first traded on Wednesday under the ticker “HNST”, was $ 21.22, well above the issue price of $ 16. The company, which specializes in baby and beauty products, initially achieved a valuation of around 1.9 billion dollars (1.6 billion euros).
The actress Alba (“Sin City”) co-founded the Los Angeles company in 2011 and is its main advertising medium. The company raised $ 413 million when it went public.
