NasdaqGS:CARTConsumer Retailing
Is Maplebear (CART) Trading At A Discount After Its Arpalus Deal?
Maplebear stock has slipped roughly 6.7% over the past year, and with the shares now around US$45.82, the valuation picture looks more "about right" than clearly cheap or clearly expensive.
Over the last 12 months, Maplebear has delivered a share price decline of about 6.7%, which means investors are still slightly in the red even after recent short term gains.
On the upside, the acquisition of Arpalus and its shelf intelligence technology can support expectations for stronger margins and...