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Stock-Based Compensation Masks Mounting Losses at DoorDash

TheMotleyFool

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Stock-Based Compensation Masks Mounting Losses at DoorDash: https://g.foolcdn.com/editorial/images/708219/doordash.jpg

DoorDash (NYSE: DASH) reported third-quarter earnings results that showed excellent top-line growth. However, that's coming at the expense of massive losses on the bottom line. The company is sustaining itself partly by paying its employees in stock-based compensation instead of cash.

Stock prices used were the afternoon prices of Nov. 7, 2022. The video was published on Nov. 9, 2022.

Source Fool.com

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