DoorDash's deal to buy Instacart coming as early as Thursday morning, sources tell CNBC

Impact · against what's priced in

A confirmed acquisition of Instacart by DoorDash would be a major catalyst for CART, as the market currently assumes a terminal revenue decline. For DASH, the deal represents an expensive path to achieving the grocery growth and duopoly positioning that investors are not currently paying for, likely creating short-term headwinds due to the acquisition cost.

CART+0.80

Challenges what's priced in

The price assumes