Instacart stock falls as profit forecast comes up short - MarketWatch
1. Instacart's forecast for adjusted EBITDA fell below analyst expectations. 2. Shares of Instacart's parent company, Maplebear Inc., dropped 9.8% after hours. 3. Expectations for gross transaction value exceeded estimates, signaling strong demand. 4. Instacart reported earnings of 53 cents per share, surpassing estimates. 5. Online grocery growth significantly outpaces in-store grocery growth, emphasizing digital competition.