๐ IBTA rips +48% โ Ibotta smashes Q2, lands 7-Eleven deal across 11,500 stores
Digital rewards platform Ibotta (NYSE: IBTA) is up nearly 48% today after beating Q2 estimates on both EPS and revenue โ $88.9M in revenue with third-party redemption revenue surging 27% YoY. The huge pop came alongside an exclusive deal to power CPG digital promotions inside 7-Eleven, 7NOW, and Speedway apps at 11,500+ U.S. locations. Revenue growth returned ahead of schedule and investors are absolutely cheering it. Not financial advice. Is IBTA the next retail-tech winner, or is a +48% single-day move too hot to touch?
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