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DoorDash leaps 21% as $8 billion deal to buy Wolt set to expand global food-delivery operations

DoorDash is set to add 22 new countries to its delivery roster in buying Finland-based delivery ser…

Carla Mozée   


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1 min read

Legendary short-seller Jim Chanos reveals he is betting against DraftKings and DoorDash

For DoorDash, it's the lack of profit that caught Chanos' attention. For DraftKings, it's the high …

Natasha Dailey   


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DoorDash has a growing opportunity in non-restaurant delivery that could help send the stock up more than 20%, Bank of America says

On Thursday a team of BofA analysts bumped their DoorDash rating to "buy", and upgraded their price…

Emily Graffeo   


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3 mins read

Instacart's stock falls below the IPO price. Here are 7 reasons why.

An analysis of Instacart's lackluster IPO performance and its tough grocery delivery business model…

Alistair Barr   


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DoorDash, Honest Co., and other recently IPOed stocks tumble amid a broader market sell-off

Newly public companies including Shoals Technologies, Snowflake, and Bumble, and Compass hit all-ti…

Emily Graffeo   


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Airbnb and DoorDash sink as analysts turn skeptical of massive IPO rallies

DA Davidson and Gordon Haskett downgraded DoorDash and Airbnb, respectively. The firms said both st…

Ben Winck   


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DoorDash falls 9% after its stock price nearly doubles in first day of trading

While shares touched an intraday high of $195.50 in the firm's Wednesday debut, selling dragged pri…

Ben Winck   


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DoorDash makes trading debut 78% above IPO price

The firm raised roughly $3.4 billion with its initial public offering after pricing shares at $102 …

Ben Winck   


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DoorDash surge makes the delivery company more valuable than many of the franchises it delivers for

DoorDash's market valuation also surpassed well-established delivery companies that focus on long-h…

Matthew Fox   


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SoftBank's $10 billion gain on the DoorDash IPO will offset the fund's WeWork 'disaster,' says a stock analyst

"Suddenly Masa goes from losing to being hero very quickly," David Gibson of Astris Advisory Japan …

Emily Graffeo   


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DoorDash prices IPO at $102 per share, will raise $3.4 billion

The company will have a public-market valuation that greatly exceeds the $15 billion it was worth i…

Ben Winck   


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'It's silly season': Airbnb and DoorDash's IPO rallies signal return of dot-com-era greed, strategists say

Investors need to differentiate between "a great company and a great price," Rich Steinberg, the ch…

Ben Winck   


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Robinhood has unveiled a new service that will allow investors to buy a company's stock at its IPO price, before it hits the open market

Robinhood is planning to reveal filings for its own IPO as soon as next week and aims to go public …

Natasha Dailey   


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1 min read

DoorDash boosts its IPO target, now seeks to raise $3.1 billion

DoorDash's IPO is scheduled for December 8 and its trading debut on the NYSE follows the next day u…

Shalini Nagarajan   


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DoorDash slips as expectations of weaker delivery demand following vaccine rollout weigh on strong 4th-quarter revenue

"Underlying our 2021 guidance is an assumption of accelerated market reopening and a return to in-s…

Isabelle Lee   


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DoorDash is the 'most ridiculous IPO of 2020' and holds no value beyond bailing out private investors, a veteran equities analyst says

"The business is not viable in its current form," New Constructs CEO David Trainer said. DoorDash i…

Emily Graffeo   


Emily Graffeo   


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Airbnb and DoorDash's post-IPO stock pops represent an 'epic level of incompetency,' says a former banker who led one of the world's largest IPOs ever

Imran Khan told CNBC on Tuesday recent post-IPO stock pops represent an "epic level of incompetency…

Emily Graffeo   


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Affirm joins Roblox in delaying its planned 2020 IPO after monster gains from Airbnb, Doordash

Affirm was expected to receive a market valuation of as much as $10 billion, according to the Wall …

Matthew Fox   


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Airbnb and DoorDash plan to target higher valuations for their December IPOs, report says

Airbnb plans to target a valuation between $30 billion to $33 billion, higher than its previous est…

Shalini Nagarajan