DoorDash Surges 74% Year to Date: Should Investors Buy the Stock?
DASHDoorDash(DASH) ZACKS·2024-11-22 00:25

DoorDash‘s (DASH) shares have surged 74.4% in the year-to-date period compared with the Zacks Internet - Services industry’s increase of 25.5% and the broader Zacks Computer & Technology sector’s appreciation of 27.8%.DASH’s robust stock price performance has been driven by strong total orders and Marketplace Gross Order Value (GOV) performance, enhanced logistics efficiency and increased advertising contribution.DoorDash is gaining momentum in new verticals, particularly in the grocery segment, which furth ...