DoorDash in advanced talks to acquire Instacart, WSJ reports

Investing.com -- DoorDash is in advanced talks to acquire grocery-delivery rival Instacart, with a deal potentially coming as soon as this week, The Wall Street Journal reported Monday, citing people familiar with the matter. The talks could still fall apart. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » Instacart shares rose 4% Monday, extending Friday's 9% gain after The Information reported the company was exploring a sale and had held preliminary discussions with DoorDash and Uber. DoorDash shares fell 5% today.