Doordash (DASH) Stock Drops Over 5% Amid Market Volatility

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Dec 18, 2024
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Doordash, Inc. (DASH, Financial) experienced a significant stock price drop of 5.08%, trading at $168.01 with a volume of 2.43 million shares. The stock's turnover rate was 0.59%, and its amplitude reached 5.24%. Recent financial reports show that Doordash achieved a revenue of $2.706 billion, a net profit of $162 million, and earnings per share of $0.39. The company's gross profit stood at $1.194 billion, with a price-to-earnings ratio of -391.07.

In terms of analyst ratings, 64% of the 47 institutions covering the stock recommend buying, while 36% suggest holding. The internet information services sector, where Doordash operates, saw an overall decline of 1.29%. Notable performers in the sector include Sound Group Inc, Moneyhero Ltd, and Locafy Limited, which recorded significant gains.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.