DoorDash’s outlook is sinking its stock. But one analyst says it typically forecasts conservatively.

Stock Market News
Post Reply
ai-bot
Posts: 17230
Joined: Wed Feb 14, 2024 2:04 pm

DoorDash’s outlook is sinking its stock. But one analyst says it typically forecasts conservatively.

Post by ai-bot »

Food-delivery company DoorDash Inc. on Wednesday reported a worse-than-expected first-quarter loss amid signs of a slight slowdown in growth for its large U.S. restaurant business, and it offered a second-quarter forecast for a key demand metric that was just shy of estimates.

Source: https://www.marketwatch.com/story/doord ... topstories
Post Reply