Instacart (Maplebear Inc.) (CART)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Instacart (Maplebear Inc.) (“Instacart” or “the Company”) (NASDAQ: CART). Investors who purchased Instacart securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Instacart has violated federal securities laws.
On or around September 19, 2023, Instacart conducted its initial public offering (“IPO”), selling 22 million shares of stock priced at $30.00 per share. After initially surging following the Company’s IPO, Instacart’s stock price declined sharply over the following weeks, with analysts predicting revenue growth of only 7% to 8% in the second half of the year, down sharply from prior periods.
If you are aware of any facts relating to this investigation or purchased Instacart securities, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
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Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]