Yahoo Finance Video
Instacart (CART), which is incorporated as Maplebear, posted its first-quarter report revealing revenue of $820 million, beating expectations of $794.5 million. The company also posted a gain in total orders of 72.8 million, up 9% year-over-year, while announcing that CFO Nick Giovanni will be succeeded by former Uber executive Emily Reuter. Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest developments for Instacart and what they mean for the stock moving forward. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino