DoorDash Inc Ordinary Shares - Class A

DASH: XNAS (USA)
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DoorDash Earnings: Flywheel Intact and Reinvestment Fears Subsiding; Shares Are Fairly Valued

DoorDash shares rose after management highlighted record membership sign-ups in the first quarter and indicated that margins should increase throughout the year, excluding the impact of the Deliveroo acquisition. Actual results in the quarter were merely fine and the market rewarded the outlook.

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