Food delivery service DoorDash (NYSE: DASH) is off to a rocky start on the public stock market. The company boosted the launch price for its initial public offering (IPO) from $80 to $90 per share, pulled the trigger at $102 per share, and surged as high as $195.50 per share in its first day of trading. Early buyers were left nursing a hangover from that explosive debut and DoorDash's stock fell all the way back to $136 per share in three weeks.
The stock caught fire again last week, rising nearly 40% above the lows of early January. Is it time to jump aboard the DoorDash bandwagon today?
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Source Fool.com