News Digest / Ticker: DLVHF

Ticker: DLVHF

06:02am, Thursday, Aug 29, 2024

Delivery Hero Soars 5.1% After Strong Q2 Earnings – Is This Stock Finally Set for a Comeback?

Delivery Hero (ETR: DHER) saw a 5.1% stock surge to €24.70 post-Q2 earnings, driven by strong GMV of €11.89 billion. The company reaffirms guidance and aims for positive cash flow by 2024, while a potential Talabat IPO could strengthen its balance sheet.