Why DoorDash Shares Still Trade Too High

Why DoorDash Shares Still Trade Too High
Anthony Di Pizio, The Motley Fool
·4 min read

DoorDash (NYSE: DASH) was a clear beneficiary of economic lockdowns that triggered a boom in the food delivery industry. Despite this powerful tailwind, the company still failed to deliver positive earnings amid additional expenditure on key line items like marketing. As the pandemic fades and consumers return to restaurants, DoorDash may have missed its opportunity.