DoorDash stock swings after earnings outlook: why DASH shares faded from the highs
DoorDash shares rose 1.7% to $176.19 in after-hours trading Thursday, after volatile swings following its earnings report. Fourth-quarter orders climbed 32% to 903 million, with gross order value up 39% to $29.7 billion. Adjusted earnings missed estimates at 48 cents per share. DoorDash ended the quarter with over 56 million active users and has not repurchased shares under its $5 billion buyback plan.