Why I'll Never Own DoorDash Stock

Why I'll Never Own DoorDash Stock

DoorDash (NYSE: DASH) stock made a dash of its own as it surged almost 86% in its first day of trading. Although the company provides a valuable service, it appears destined to struggle as a low-margin operation. Admittedly, the company's successes could leave readers wondering why I adamantly want to avoid this stock.