Instacart’s stock has been struggling due to increased competition and regulatory challenges, leading to a 1.5% drop in shares after agreeing to pay $60 million in consumer refunds as part of an FTC settlement. The company faces scrutiny for deceptive pricing practices and is under investigation for algorithmic pricing tools. Despite this, Instacart operates a vast grocery ecosystem and reported strong Q3 earnings, with revenue up 10% to $939 million and an expanding partnership with Kroger. Analysts maintain a moderate buy rating on the stock, with an average target of $50.48, suggesting 10% upside potential.

Read more at Barchart: Instacart Is Under Investigation. Should You Buy the Dip in CART Stock?