-
Uber Could Be Brewing A Plan To Enter Grocery Sector: Instacart Stock Spikes On Acquisition Whispers
Thursday, January 18, 2024 - 8:09am | 641Uber Technologies Inc (NYSE:UBER) is reportedly considering the acquisition of grocery delivery company Instacart, according to a recent analyst report. The news has significantly impacted Instacart’s (NASDAQ:CART) stock, which experienced a notable surge. What Happened: Barron’s...
-
Instacart Stock Gains Favor Among Wall Street Analysts: 'Valuation Is Attractive'
Tuesday, October 17, 2023 - 12:36am | 551Instacart‘s (NASDAQ:CART) stock, which has been underperforming, is now attracting positive attention from Wall Street analysts. As per a report from Barron’s, Doug Anmuth from J.P. Morgan rated the stock of Instacart as Overweight, essentially a Buy rating. He noted...
-
Instacart IPO May Slash Value To $9.3 Billion Amid Slowdown
Saturday, September 30, 2023 - 10:04am | 1030The beginning of a U.S. initial public offering comeback was marked this month by grocery delivery platform Instacart making its public debut on the Nasdaq Stock Exchange on Sept. 19 and SoftBank-backed chipmaker Arm Holdings' public listing in the U.S. earlier this month. Backed by Sequoia...
-
Instacart CEO Details Future Plans, Strategy Amid IPO Buzz: Indications Suggest $42 Open For Shares
Tuesday, September 19, 2023 - 12:33pm | 449Instacart is set to debut on the Nasdaq under the symbol "CART" Tuesday following the announcement of its initial public offering (IPO) price at $30 per share. The IPO, totaling 22 million shares, includes 14.1 million being sold by Instacart and 7.9 million by particular selling...
-
Instacart Prices IPO At $30 Per Share, Valuing The Online Grocery Platform At Nearly $10B
Monday, September 18, 2023 - 9:41pm | 590Instacart is set to make its public debut on Tuesday. The grocery delivery platform company priced its initial public offering at $30 per share on Monday, which is at the top end of the expected $28-$30 range. What Happened: The company said in a statement that the IPO comprises 22...
-
Instacart Finally Files For IPO, Aims To Trade Under Ticker CART
Friday, August 25, 2023 - 4:07pm | 470After navigating a series of highs and lows and successfully weathering the volatile markets of the past year, Instacart on Friday took a major step forward. The grocery delivery behemoth officially filed to go public, setting its sights on a Nasdaq listing under the ticker “CART.” Here...
-
Exchange Titans NYSE And Nasdaq Square Off Over New Listings In Reviving IPO Arena
Wednesday, August 9, 2023 - 2:47pm | 426The New York Stock Exchange and Nasdaq Inc (NASDAQ:NDAQ) are aggressively vying for the choicest new stock listings as signs of a revived IPO market emerge. What Happened: The competition over new stock listings between the two market exchanges has reignited, indicating a resurgence in the IPO...
-
Uber Joins AI Bandwagon With Chatbot Plan To Level Up Customer Service
Wednesday, August 2, 2023 - 1:03am | 499Uber Technologies Inc. (NYSE:UBER) plans to embrace the growing trend of AI chatbot integration, joining the ranks of rivals like DoorDash, Inc (NYSE:DASH) and Instacart Inc. What Happened: Uber plans to develop an AI-powered chatbot that aims to enhance customer service...
-
IPO Market Sees Sluggish Recovery From 2022's 'Absolute Radio Silence:' Panera, Instacart, Stripe Among Companies Waiting In The Wings
Friday, July 28, 2023 - 7:43am | 1123As the stock market came back up strongly in the first half of 2023, the market for initial public offerings saw a rebound from an anemic showing in 2022. Activity Picks Up Pace. The U.S. IPO market saw 58 offerings so far this year, up 31.8%, and total proceeds jumped 125.5% to $9.8 billion, data...
-
Fighting Inflation From Your Home: 10 Side Hustle Ideas To Keep Your Purchasing Power Intact
Friday, March 24, 2023 - 3:59pm | 1532With inflation looking like it will last through the year and big companies making job cuts, many Americans are considering additional ways to complement their income in order to avoid making spending cuts or being able to afford some extra luxuries. How to do this? Enter side hustles: jobs...
-
This Major Social Media Platform Said To Be Planning An IPO Later This Year
Tuesday, February 14, 2023 - 8:46pm | 406Social media website Reddit reportedly plans to go public in the second half of 2023. What Happened: The company is preparing for the initial public offering while it waits for the market conditions to get better, The Information reported on Tuesday, citing people familiar with the matter. Also...
-
Apple Said To Be Planning Instacart-Like Service And This Would Be The X Factor
Monday, May 9, 2022 - 6:37am | 323Apple, Inc. (NASDAQ: AAPL) is reportedly exploring a new addition to its Services business, underlining Cupertino's focus on this rapidly-growing unit. What Happened: Apple has considered launching an Instacart-like service and has also discussed ways of differentiating it from the incumbent,...
-
BJ's Wholesale Signs Partnership With DoorDash: Will Costco And Sam's Club Make Similar Moves?
Monday, March 28, 2022 - 10:30am | 811A leading wholesale retailer is offering delivery with DoorDash in a move that could have a ripple effect on big-box membership retailers. Here’s the latest. What Happened: Retailer BJ’s Wholesale Club Holdings Inc (NYSE: BJ) announced a partnership with DoorDash Inc (NYSE: DASH)...
-
7 Potential IPOs In 2022: Discord, OpenSea, Impossible Foods And More
Wednesday, December 29, 2021 - 12:14pm | 1441The IPO market saw record listings and capital raised in 2021. Several well-known big name companies joined the public markets in 2021, while other private companies delayed their listings or chose to raise private capital instead. Several carryovers from 2021 could go public in 2022m along with...
-
Deal Of The Day: Why DoorDash Buying Instacart Would Create A Powerhouse
Thursday, August 12, 2021 - 2:02pm | 1635The fast-moving grocery delivery business got a new shock on Wednesday when The Information reported that DoorDash has held talks in recent months about exploring a possible acquisition of Instacart in a deal that would be valued between $40 billion and $50 billion. According to one analyst, the...