Brandon Cafferky
Wednesday, December 6, 2023
Domestic headwinds were balanced out by an international expansion as DoorDash stock popped 10% in post-market trading.
Investors sent DoorDash stock soaring on Friday after the company reported stronger-than-expected earnings in Q1 and raised its guidance for full-year 2021.
More municipalities have been capping the fees DoorDash can charge restaurants, and the delivery company is fighting back with added charges for consumers that it says are necessary to keep operating.