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Instacart (CART) stock began trading on Tuesday, opening at $42 per share on the Nasdaq. The grocery delivery app had set a price of $30 a share for its IPO, valuing it at roughly $10 billion. The ...
Instacart started trading Tuesday, opening at $42 per share and propelling the grocery-delivery company to a market valuation of just over $11 billion. Trading under the ticker CART, Instacart had ...
Last week, Instacart stock fell by over 12% after its Q4 report, even though the numbers weren't that bad. Combined with an overall market sell-off, shares are reasonably priced now. The Q4 ...
Derek Saul has covered markets for the Forbes news team since 2021. Instacart splashed in its Nasdaq debut Tuesday, beginning trading at about 40% higher than its initial public offering price ...
The grocery delivery company revealed in an updated IPO filing that it’s aiming to price its stock between $26 and $28 per share, valuing Instacart at around $7.4 billion at the midpoint.
Instacart reported better-than-expected earnings in the third quarter, showing modest growth in online grocery orders and assuaging some investor concerns about the health of its underlying business.
Nearly 30 percent of Instacart’s revenue came from advertising, and grocery orders were flat in the first half of this year, the company said. By Kellen Browning and Erin Griffith Reporting from ...
Instacart is launching a new AI search tool powered by OpenAI’s ChatGPT, the company announced on Wednesday. The new “Ask Instacart” search tool is designed to help customers save time and ...
Grocery delivery service Instacart must pay D.C. $2.54 million to settle a 2020 lawsuit that alleged the company failed to pay required sales taxes and misled District consumers about its service ...
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