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Why This DoorDash Analyst Is Lowering Their Price Target Following Amazon-Grubhub Deal

DoorDash Inc (NYSE: DASH) shares dropped 8% on Wednesday morning after Amazon.com, Inc. (NASDAQ: AMZN) announced a new partnership with DoorDash competitor Grubhub.

Benzinga

Tired Of DoorDash Drivers Stealing Your Fries? This Company Provides A Fix

Circuit Route Planner is a route optimization app targeted toward delivery drivers who work for companies such as UberEats, part of Uber Technologies Inc (NYSE: UBER), DoorDash Inc (NYSE:

Benzinga

PreMarket Prep Stock Of The Day: DoorDashing For The Exit?

When a company offers up good news to the Street, you have to be careful they're going to react to it. In the case of DoorDash Inc. (NYSE: DASH), investors that reacted too quickly to its raised guidance are at least in the short term regretting that purchase.

Benzinga

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Why DoorDash Is More Than A COVID Story, Still In Early Innings: 3 Analysts React To Q1 Earnings

Food delivery company DoorDash Inc (NYSE: DASH) reported quarterly earnings Thursday after the market close. Here’s what analysts had to say about the company’s latest earnings report.

Benzinga

Why DoorDash Shares Are Rising After Hours

DoorDash Inc (NYSE: DASH) shares are trading higher in Thursday's after-hours session after the company

Benzinga

5 Large-Cap Growth Stocks to Sell Now

Concerns over high inflation, supply chain disruptions, and rising COVID-19 cases are expected to keep the stock market volatile for an extended period. While the increased focus on domestic production should help the economy recover, the rate is expected to decelerate. Therefore, large-cap growth stocks Snowflake (SNOW), PayPal (PYPL), DoorDash…

StockNews.com

Here's Why Citi Added Amazon To Focus List

Citi analyst Ronald Josey assumed coverage of Amazon.com Inc (NASDAQ:AMZN) with a Buy rating and price target of $4,100, down from $4,115 (29.7% upside). Josey also added the shares to the firm's Focus List, given its lead eCommerce, Online Advertising, and Cloud and operational efficiencies at its new Fulfillment Centers, physical retail location closures, and…

Benzinga

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Why DoorDash Shares Are Sliding

DoorDash Inc (NYSE: DASH) shares are trading lower Monday alongside several other stocks in the broader consumer discretionary sector amid overall market weakness as a rise in bond yields weighs on stocks.

Benzinga

4 Gig Economy Stocks Wall Street Predicts Will Rally 48% or More

The gig economy has grown substantially, accounting for one third of the American workforce in 2021. And rising inflation is driving an increase in gig work participation. With the global gig economy expected to continue growing, Wall Street expects the stocks of gig economy companies DoorDash (DASH), Lyft (LYFT), Upwork…

StockNews.com

Should Lyft and DoorDash Merge To Better Compete With Uber? Analyst Pierre Ferragu Thinks So

New Street analyst Pierre Ferragu thinks a merger between Lyft Inc (NASDAQ:LYFT) and DoorDash Inc (NYSE:DASH) would drive a 30% upside to the combined company's long-term EBITDA. Ferragu says combining the businesses would keep drivers busier, allowing them to make more money while also reducing the cost of finding new customers. The combination of food…

Benzinga

How Is The Market Feeling About DoorDash Inc. Class A Common Stock?

DoorDash Inc. Class A Common Stock's (NYSE:DASH) short percent of float has risen 5.67% since its last report. The company recently reported that it has 17.09 million shares sold short, which is 8.95% of all regular shares that are available for trading.

Benzinga

How DoorDash Is Taking On Amazon And Walmart With This Newly Announced Partnership

DoorDash Inc (NYSE: DASH) has announced a new partnership with BJs Wholesale Club Holdings Inc (NYSE: BJ) in which even non-BJ's members can get same-day grocery delivery through BJs.com.

Benzinga

Instacart Cuts Valuation By 40%: Bloomberg

American grocery company Instacart Inc has slashed its valuation by 40% to about $24 billion, Bloomberg reported. The food-delivery startup had been valued at $39 billion in its most recent fundraising round, the report added. The pandemic darling hoped the move to boost talent retention. Factors like higher interest rates, inflation, and a…

Benzinga

Amazon Gig Deliveryman Gets Shot Multiple Times, Raises Questions Over Amazon's Policies

A carjacker shot an Amazon.com Inc (NASDAQ:AMZN) gig deliveryman, multiple times injuring him while delivering packages in Chicago, Bloomberg reports. The victim, George Hunt, insisted Amazon notify the gig drivers in advance about the vicinities they will be delivering to decide if $30 an hour is worth the risk. Amazon instead penalizes drivers…

Benzinga

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Benzinga

Here's How Amazon Looks To Cope Up With Booming Demand For Delivery

In late February, Amazon.com Inc (NASDAQ:AMZN) informed its U.S. gig workers who fetch delivery items would become its Whole Foods division's employees with more extended shifts, CNBC reports. Whole Foods' recent job post disclosed that the schedules would be made three weeks in advance and cover two-week periods. The job post contradicted Amazon…

Benzinga

Uber Et al Campaign Against Democrat's Efforts To Classify Gig Workers As Employees

A string of companies using independent contractors as drivers launched a campaign to head off Democratic efforts to classify their workers as employees, allowing them to form unions, the Wall Street Journal reports. The companies include Uber Technologies Inc (NYSE:UBER), Lyft Inc (NASDAQ:LYFT), DoorDash Inc (NYSE:DASH), GrubHub Inc (NASDAQ:GRUB), and others. The companies aim to spend over $1 million…

Benzinga

DoorDash Unveils Express Grocery Delivery Service With Albertsons Companies

DoorDash Inc (NYSE:DASH) has partnered with Albertsons Companies Inc (NYSE:ACI) to launch an express grocery delivery service. Consumers in more than 20 major cities across the U.S. will now be able to access express grocery delivery from their local Albertsons Cos. banner stores in 30 minutes or less via the DoorDash marketplace. Related: Why DoorDash Shares…

Benzinga

Why DoorDash Shares Are Trading Higher Today

DoorDash Inc (NYSE: DASH) is trading significantly higher Thursday morning after the company announced better-than-expected top line results.

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Benzinga

Technical Analysis: DoorDash Reports Earnings — Here's What To Watch

DoorDash Inc (NYSE: DASH) shares traded lower Wednesday in anticipation of the company’s earnings call, but the stock surged after the print.

Benzinga

DoorDash Q4 Earnings Highlights: Revenue Up 34%, 25M MAUs, Stock Surges

DoorDash Inc (NASDAQ: DASH) reported fourth quarter and full fiscal year earnings after market close Wednesday. Here are the key highlights for investors.

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