DoorDash shares jump more than 15% on guidance, narrowing net loss
Publishing timestamp: 2023-11-02 16:01:06
Summary
DoorDash shares rose over 15% after the company reported strong third-quarter results, beating Wall Street's expectations. The company saw an increase in food orders and reported higher revenue and lower losses compared to the previous year. Analysts noted the company's solid growth and efficiency improvements. DoorDash's fourth-quarter outlook also surpassed expectations, indicating further year-over-year growth.
Sentiment: POSITIVE
Keywords: technology, business news, doordash inc, breaking news: technology, earnings, jpmorgan drn,
Source: https://www.cnbc.com/2023/11/02/doordash-shares-jump-16percent-on-guidance-narrowing-net-loss.html