DoorDash: This Is The Beginning Of A Long Rally
DASHDoorDash(DASH) Seeking Alpha·2024-08-02 20:46
Kenneth Cheung For several quarters now, DoorDash (NASDAQ:DASH) has disappointed sorely after earnings. It's refreshing, then, that after posting incredible Q2 results, the delivery company experienced a welcome jolt upward, owing to incredibly strong order performance plus higher order contribution margins. Yet even after rallying more than 10% in after-hours trading following DoorDash's Q2 earnings print, the stock is still up only ~20% for the year: in line with the S&P 500, but underperforming many  ...