Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why DoorDash Stock Flopped on Friday

TheMotleyFool

0 0

DoorDash (NYSE: DASH) wasn't quite delivering for its shareholders at the end of the week. Following the release of its latest quarterly results after the market closed Thursday, its stock took a nearly 2% hit on Friday.

For the first quarter, the food delivery company earned just under $1.46 billion in revenue. That was 35% higher on a year-over-year basis, and topped the $1.37 billion average analyst estimate. Meanwhile, gross order volume rose by 25% to hit $12.4 billion. The company also said that it broke its record for new customer additions in the quarter.

Image source: Getty Images.

Source Fool.com

Like: 0

DASH

Share