DoorDash Stock Tumbles On Wider-Than-Expected Loss

DoorDash stock tumbled late Wednesday after the food delivery company reported first-quarter results with a wider loss than analysts expected, despite better-than-expected sales. X DoorDash (DASH) said that it lost 6 cents per share on sales of $2.51 billion, up 23% year over year, for the March-ending quarter. On average, analysts projected the San Francisco-based company would post a loss of 3 cents per share on sales of$ 2.45 billion, according to FactSet. For the same period a year earlier, DoorDash los ...