Instacart CEO Rogers calls grocery competition fears ‘overblown’

Instacart CEO Rogers calls grocery competition fears ‘overblown’

Jakub Porzycki | Nurphoto | Getty Images Instacart‘s stock surged more than 14% after the company’s robust results alleviated worries over mounting competitive pressures in the grocery delivery market. During an earnings call with analysts, CEO Chris Rogers, who took the helm last year, called the concerns “overblown” and said the company monitors threats “extremely…

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