Tag: NASDAQCART
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Instacart: Reasonable Valuation, But It Is At Risk Of Disintermediation (NASDAQ:CART)
Justin Sullivan/Getty Images News Maplebear Inc., better known as Instacart (NASDAQ:CART), has continued to see its share price decline since its IPO. Despite the fact that it started its life as a public company at a relatively more reasonable valuation, compared to the peak private valuation of $39 billion that it reached at the height…