in

Jessica Alba Sees Nine-Figure Windfall as The Honest Company Goes Public (www.hollywoodreporter.com)

Jessica Alba earned an honest fortune on Wednesday.

The Honest Company went public Wednesday morning, raising $413 million in its IPO. The company, which trades on the Nasdaq under the ticker HNST, opened strong, with its stock price rising more than 40 percent intra-day, and closing at $23 per share. The company was valued at more than $1.4 billion in its IPO.

As The Honest Company’s founder and chief creative officer, Alba is also a significant stakeholder in the company, which manufactures and sells diapers and other baby products, as well as skin care, bath and beauty products.

Subscribe to our Newsletter

The best content delivered directly to your inbox.

Twitter Users With 600+ Followers Can Host Live Audio Chats (www.searchenginejournal.com)

Ten Ways to Get Your Name Noticed As a New Real Estate Agent – Clean Slate (bhgrealestateblog.com)