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Stockreport

Instacart Was Charging Wildly Diverging Prices for Different Shoppers, an Investigation Found—So I Checked My Costco Orders [Yahoo! Finance]

Costco Wholesale Corporation (COST)  More Company Research Source: Yahoo! Finance
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
items varied by up to 23% between customers at retailers including Costco Wholesale, Kroger, Safeway and Target. My own receipts showed similar double-digit swings, and prices shifted down to the penny, with staples like eggs, butter and olive oil costing wildly different amounts from one order to the next, far beyond normal grocery inflation or what's seen in consumer apps tracking Costco prices over time. The U.S. government may have minted the last penny last month , but Instacart's algorithms are still fighting for every last cent. While shoppers have grown accustomed to prices ending in .99—a psychological trick as old as the cash register—Instacart ( CART ) users like me see something different: $4.17 for eggs, $17.37 for Nature Valley bars, $11.43 for basil pesto. The company's pricing shifts seemingly every time you log in, with price changes down to the penny. A major investigation published this week suggests just how far Instacart's pricing precision has been taken. [Read more]
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Stockreport

Instacart Was Charging Wildly Diverging Prices for Different Shoppers, an Investigation Found—So I Checked My Costco Orders [Yahoo! Finance]

Costco Wholesale Corporation  (COST) 
More Company Research Source: Yahoo! Finance
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
items varied by up to 23% between customers at retailers including Costco Wholesale, Kroger, Safeway and Target. My own receipts showed similar double-digit swings, and prices shifted down to the penny, with staples like eggs, butter and olive oil costing wildly different amounts from one order to the next, far beyond normal grocery inflation or what's seen in consumer apps tracking Costco prices over time. The U.S. government may have minted the last penny last month , but Instacart's algorithms are still fighting for every last cent. While shoppers have grown accustomed to prices ending in .99—a psychological trick as old as the cash register—Instacart ( CART ) users like me see something different: $4.17 for eggs, $17.37 for Nature Valley bars, $11.43 for basil pesto. The company's pricing shifts seemingly every time you log in, with price changes down to the penny. A major investigation published this week suggests just how far Instacart's pricing precision has been taken. [Read more]
IMPACT SNAPSHOT
EVENT TIME:
COST
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS