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Instacart shares plunge 11% on report that FTC is probing company over AI pricing tool
CNBCยท 2025-12-17 23:41
Core Viewpoint - Shares of grocery delivery service Instacart fell by 11% in after-hours trading due to an investigation by the U.S. Federal Trade Commission (FTC) into the company's pricing practices [1] Group 1 - The FTC has initiated a civil investigative demand against Instacart, as reported by Reuters [1] - Instacart and the FTC have not provided immediate comments regarding the investigation [1]