DoorDash Shares Surge After Strong Q3 Forecast

Reported 2 months ago

DoorDash's stock soared following the release of its optimistic Q3 outlook, predicting an adjusted EBITDA between $470 million to $540 million, surpassing analysts' expectations of $449.2 million. The company also reported a narrower-than-expected adjusted loss of $0.38 per share in Q2 alongside revenues of $2.63 billion, exceeding estimates.

Source: YAHOO

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