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Instacart Extends Post-IPO Slump Even as Analysts Tout Valuation

(Bloomberg) -- Instacart opened the week with several positive reviews from Wall Street, overcoming what seemed to be a hard-to-please crowd that cautioned on potential headwinds. But the better ratings did little to lift shares.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden Weighs Trip, Shekel Drops Past 4 Per DollarStocks Rise Amid Efforts to Stifle Isra
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Source: yahoo.com

Instacart IPO banks tout e-grocery shopping potential, but challenges loom

:Most Wall Street brokerages, including J.P.Morgan and Goldman Sachs, kicked off coverage on Instacart with a bullish view, betting on the grocery delivery app's growth amid a shift to online shopping.Shares of the company, formally called Maplebear, were down 1 per cent on Monday. The stock โ€” following a l
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FTC Case Against Amazon Hinges on 'Online Superstore' Label

(Bloomberg) -- The Federal Trade Commission’s case against Amazon.com Inc. hinges in part on putting the e-commerce giant in a class of its own: The Online Superstore.Most Read from BloombergDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesTrump Found Liable for Fraud in New York Attorney General’s CaseStocks Sink as ...
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Source: yahoo.com

This Analyst With 87% Accuracy Rate Sees More Than 20% Upside In RH - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts - GitLab (NASDAQ:GTLB), DocuSign (NASDAQ:DOCU)

U.S. stocks closed slightly higher on Friday but recorded losses last week. The S&P fell 1.3% to record its first negative week in three, while the Dow lost around 0.8% last week.
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