Why Maplebear Inc. (CART) Went Up On Friday

From Yahoo Finance: 2025-05-02 22:22:00

Maplebear Inc. (CART) saw a 13.62% increase in share prices on Friday, closing at $45.22 per share. The company reported a 14% increase in orders in Q1, totaling $83.2 million, leading to a 9.4% rise in revenues to $897 million. Despite lower net income, CART is incorporating AI to enhance operations.

Investors celebrated Maplebear Inc.’s (CART) strong order volume and AI integration, driving shares up by 13.62% to $45.22 on Friday. Q1 orders surged by 14% to $83.2 million, boosting revenues by 9.4% to $897 million. Although net income dipped by 18.5% to $106 million, CART remains optimistic about its AI-driven future.



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