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0.000479846449136295 0.000959692898272589 0.00135956493921946 0.000799744081893749 0.000479846449136295 0.00263915547024951 0.000961292386436316 -0.000479846449136295
Stock impact report

Why Instacart (CART) Stock Is Trading Lower Today [Yahoo! Finance]

Kroger Company (The) (KR) 
Last kroger company (the) earnings: 3/5 08:30 am Check Earnings Report
US:NYSE Investor Relations: ir.kroger.com
Company Research Source: Yahoo! Finance
competition as grocery giant Kroger launched its delivery service on the Uber Eats and Postmates apps. The partnership expanded Kroger's delivery options across nearly 2,700 of its stores nationwide, including banners like Ralphs and Fred Meyer. This development placed Kroger's full range of products in direct competition with Instacart on major on-demand delivery platforms. The stock's decline to a near two-month low reflected worries that this new, convenient option for shoppers could chip away at Instacart's market share. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Instacart? Access our full analysis report here, it's free Instacart's shares are quite volatile and have had 18 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The Show less Read more
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