Instacart stock falls, CFO expects transaction guidance miss

Yahoo Finance Video
9,484 次觀看・5 個月前

Shares of Instacart (CART), the popular grocery delivery platform incorporated as Maplebear, are falling following a statement from the company's newly appointed Chief Financial Officer Emily Reuter at the JPMorgan Investor Day conference. During the event, Reuter conveyed that Instacart does not anticipate its gross transaction value (GTV) to surpass the current guidance provided to investors.

Yahoo Finance's Julie Hyman and Jared Blikre break down the details.

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This post was written by Angel Smith