DoorDash Shares Up Nearly 7% After Co. Reports 1Q Results
By Stephen Nakrosis
Shares of DoorDash Inc. are higher in Thursday's late-trading
session after the company reported first-quarter results and said
revenue was up 198% year-over-year.
At 6:32 p.m. ET, the company's shares were gained 6.94% to
$123.50 per share. Volume at the time topped 633,000 shares.
The stock finished the day's regular-trading session with a
2.21% gain, closing at $115.49.
DoorDash said revenue in the first quarter grew to $1.1 billion
and total orders grew 219% year-over-year.
The company also said it had a net loss of $110 million in the
quarter. In the year-ago period, it reported a net loss of $129
--Write to Stephen Nakrosis at email@example.com
(END) Dow Jones Newswires
May 13, 2021 18:55 ET (22:55 GMT)
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