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CART / Instacart: Another IPO Hype You Should Avoid

Instacart: Another IPO Hype You Should Avoid
Instacart's IPO saw shares soar more than 40% on their first day of trading, driven by high demand for new IPO issues. Some shareholders are using the IPO to cash out which I consider a sign that shares are too expensive. While Instacart is already profitable, its high valuation suggests post-IPO correction risks and I would advise investors to stay on the sidelines. Read More
Posted: Sep 20 2023, 17:26
Author Name: Seeking Alpha
Views: 112281

CART News  

Camping World and Instacart Partner on Delivery of Outdoor Gear

By PYMNTS
October 26, 2023

Camping World and Instacart Partner on Delivery of Outdoor Gear

Camping World has become the first dedicated camping and recreational vehicle (RV) supplies retailer to partner with Instacart for same-day deliver more_horizontal

Instacart Expands Grocery Benefit Programs in Push for New Audiences

By PYMNTS
October 24, 2023

Instacart Expands Grocery Benefit Programs in Push for New Audiences

Instacart is on a partnership spree, expanding its user base by offering grocery benefits through a range of healthcare institutions and other busines more_horizontal

CART Stock Price Prediction: Where Will Instacart Be in 5 Years?

By InvestorPlace
October 23, 2023

CART Stock Price Prediction: Where Will Instacart Be in 5 Years?

Instacart (NASDAQ: CART ) has been one of the more intriguing IPOs of the past year. In September, CART stock went public at $30 per share, surging to more_horizontal

Instacart Serves Up New Avenues for Brands to Reach Shoppers

By PYMNTS
October 20, 2023

Instacart Serves Up New Avenues for Brands to Reach Shoppers

Delivery platforms like Instacart are becoming a valuable avenue for brands looking to connect with consumers who prefer the convenience of grocery sh more_horizontal

Instacart to Report Third Quarter 2023 Financial Results on November 8, 2023

By PRNewsWire
October 18, 2023

Instacart to Report Third Quarter 2023 Financial Results on November 8, 2023

SAN FRANCISCO , Oct. 18, 2023 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its third quarter 2023 financial results after more_horizontal

Instacart Outlook: Is CART Stock a Buy, Sell or Hold Post-IPO?

By InvestorPlace
October 17, 2023

Instacart Outlook: Is CART Stock a Buy, Sell or Hold Post-IPO?

Without a doubt, Instacart (NASDAQ: CART ) is facing challenging competition. Unfortunately, it does not have any major advantages over its many rival more_horizontal

Instacart's high-margin advertising opportunity impresses analysts amid competition concerns

By Proactive Investors
October 17, 2023

Instacart's high-margin advertising opportunity impresses analysts amid competition concerns

Instacart (NASDAQ:CART) has a unique first-mover advantage over other third-party food delivery platforms and an enticing profitable economic profile, more_horizontal

Instacart Gets Positive Analyst Reviews but Stock Stays Same

By PYMNTS
October 16, 2023

Instacart Gets Positive Analyst Reviews but Stock Stays Same

Instacart has reportedly garnered positive reviews from Wall Street analysts following its IPO. As Bloomberg News reported Monday (Oct. 16), the on more_horizontal


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