CART looks slightly overvalued given the current low demand for Instacart.Consumers are focused on saving money, and grocery delivery isn’t seen as an essential service right now. Without stronger demand, it’s hard to justify the current valuation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.