Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -0.00416281221091581 -0.00416281221091581 0.000693802035152663
Stock impact report

Instacart is charging different prices to different customers in a dangerous AI experiment, report says [Los Angeles Times (CA)]

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
The study from nonprofits Groundwork Collaborative and Consumer Reports followed more than 400 shoppers in four cities and found that Instacart sometimes offered as many as five different sales prices for the exact same item, at the same store and on the same day. The average difference between the highest price and lowest price on the same item was 13%, but some participants in the study saw prices that were 23% higher than those offered to other shoppers. The varying prices are unfair to consumers and exacerbate a grocery affordability crisis that regular Americans are already struggling to cope with, said Lindsey Owens, executive director of Groundwork Collaborative. “In my own view, Instacart should close the lab,” Owens said. “American grocery shoppers aren't guinea pigs, and they should be able to expect a fair price when they're shopping.” The study found that an individual shopper on Instacart could theoretically spend as much as $1,200 more on groceries in one year i Show less Read more
Impact Snapshot
Event Time:
CART
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CART alerts
Opt-in for
CART alerts

from News Quantified
Opt-in for
CART alerts

from News Quantified