Where Will DoorDash Be in 1 Year?
DoorDash (NYSE: DASH), the top third-party food delivery platform in the U.S., attracted a stampede of bulls with its IPO last December. It initially priced its debut at $102 a share, but the stock closed at nearly $190 on its first day of trading.
The stock retreated to the $140s in January, but it's since rebounded to about $190 a share. But can DoorDash maintain that momentum and keep rising throughout 2021?
I believe four key factors will determine its fate.
Source Fool.com