This Stock Could Get Wrecked by the Student Loan Payment Restart
Third-party restaurant delivery services like DoorDash (NYSE: DASH) are convenient but not exactly budget-friendly. They have higher item prices than you'd see in person and multiple layers of fees, along with a tip, which can push the cost of a meal into the stratosphere. A sandwich dropped off on your doorstep in 20 minutes sounds great, but not so much when it ends up costing $30.
Despite the high cost that consumers pay for restaurant delivery, DoorDash has historically struggled to make its business model work. Even during the height of the pandemic, when in-person dining was on hold, the company failed to turn a profit. In the post-pandemic world, DoorDash's profitability has deteriorated further.
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Source Fool.com
