DoorDash reportedly in advanced talks to buy Instacart; shares fall 5.6%
DASH•DoorDash shares fell 5.6% after it was reportedly in advanced talks to buy Instacart, with a deal possibly completed as soon as this week. Instacart shares rose 8.5%.
1. Shares move on report
DoorDash shares fell 5.6% in afternoon trading after it was reportedly in advanced talks to buy Instacart, with a deal possibly completed as soon as this week. Instacart shares rose 8.5%, while DoorDash was down 24.1% year to date, including the session's move.
