DoorDash stock falls on weak Q2 guidance


Shares of DoorDash (DASH) are falling during after-hours trading on Wednesday, following the release of the company’s first quarter results. Despite beating revenue expectations by posting $2.51 billion in revenue, surpassing analyst estimates of $2.45 billion, the company’s weaker-than-expected outlook for the second quarter is weighing on the stock price.

Yahoo Finance’s Brooke DiPalma breaks down the delivery company’s quarterly results.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Angel Smith



This article was originally published by a finance.yahoo.com

Read it HERE

Share

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *