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Market Update

DoorDash Stock Jumps as 4Q Beat Breaks Losing Streak

With demand for food delivery remaining strong, the shares are still undervalued.

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Shares in DoorDash (DASH) jumped as much as 20% Thursday after the food delivery firm beat earnings forecasts and insisted pandemic growth levels can be maintained in 2022.

James Gard does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.