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Jessica Alba’s Honest Co. Jumps in Market Debut – The Wall Street Journal

Shares of the consumer-goods company rise 44% to $23, valuing it at $2.68 billion



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Shares of Honest Co. , the eco-friendly consumer-goods business co-founded by actress Jessica Alba, rose nearly 44% in their first public trading on Wednesday.
Honests shares closed at $23, putting a value on the company of $2.68 billion. The initial public offering price was $16.
The Los Angeles company specializes in baby products such as diapers, clothes, bath items and skin care, as well as household products and face masks. Honests shares are listed on the Nasdaq Stock Market under the symbol…

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