Aug 2nd, 2024
DoorDash Posts Stronger-Than-Expected Profit Outlook
Shares of DoorDash had their biggest same-day gain in nine months after the company reported a stronger-than-expected profit forecast for the current quarter, affirming that customer demand is resilient and that a plan to push into new categories beyond restaurants has been paying off. DoorDash CFO Ravi Inukonda joins Ed Ludlow on "Bloomberg Technology."
