Doordash stock rallies as investment cycle shows signs of a payoff

Doordash stock rallies as investment cycle shows signs of a payoff

Doordash‘s stock rallied on Thursday as Wall Street shook off disappointing fourth-quarter results and commended early progress in the food delivery platform’s investment cycle. Shares initially fell about 10% in extended trading after earnings fell short of Wall Street’s expectations on the top and bottom lines and the company issued disappointing profit guidance. In the…

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