<div id="readability-page-1"><div>** Shares of online grocery delivery platform Instacart plunge 6.6% to $42.62 in premarket trading ** The U.S. Federal Trade Commission(FTC) is probing CART's AI pricing tool Eversight, two sources familiar with the matter told Reuters on Wednesday** Eversight faced criticism after a study found shoppers were charged varying prices for the same groceries** A study involving 437 shoppers viewing Instacart prices in four cities saw wildly different prices for the same items sourced at the same stores - according to the study conducted by nonprofit groups** 17 of 34 brokerages rate the stock &#34;buy&#34; or higher, 16 &#34;hold&#34; and one &#34;sell&#34; or lower; their median PT is $50 - as per data compiled by LSEG** Up to last day's close, stock up 10.21% YTD</div></div>

CART

Instacart shares dropped 6.6% to $42.62 in premarket trading as the FTC investigates its AI pricing tool, Eversight, over price disparities. A study revealed significant price variations for the same groceries among 437 shoppers in four cities. Despite the probe, 17 of 34 brokerages rate the stock "buy" or higher, with a median price target of $50. The stock is up 10.21% year-to-date.

Instacart shares sink as FTC probes co's AI tool over price disparities