Shares of grocery delivery service Instacart dropped about 7% in extended trading on Wednesday, following a report that said the U.S. Federal Trade Commission has begun an investigation into the comp… [+1569 chars]
Instacart shares plunge 11% on report that FTC is probing company over AI pricing tool - CNBC
The FTC sent a civil investigative demand to Instacart, Reuters reported, citing unnamed people.
By:Jordan Novet
Source:CNBC
Published:
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