A day after a blockbuster debut, Instacart ' s shares go in reverse and briefly sink below their IPO price

Instacart, the US grocery-delivery giant that soared by as much as 43% in its trading debut Tuesday, has now wiped out virtually all of those gains as investors question its growth prospects. The largest grocery-delivery company in America, incorporated as Maplebear Inc., fell nearly 11% on…#instacart #maplebearinc #federalreserve #berniemcternan #doordashinc #needhamsmcternan #phillempert #supermarketguru #armholdingsplc
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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