DoorDash Stock Edges Up on Reported $17 Billion Instacart Acquisition Talks

DoorDash (NASDAQ: DASH) stock rose 0.43% in premarket trading on Tuesday following reports that the company is in advanced talks to acquire grocery-delivery rival Instacart (NASDAQ: CART) in a potential $17 billion transaction. The Wall Street Journal reported Monday, citing people familiar with the matter, that the companies could reach an agreement as soon as this week.

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