Doordash Stock News

DocuSign, Etsy, DoorDash and Zoom are among the biggest losers, while HP, Apple and Cisco saw gains. READ FULL ARTICLE The post The worst-performing #tech stocks this week suggest the U.S. is done with Covid lockdowns appeared first on ByteFunding .

DocuSign, Etsy, DoorDash and Zoom are among the biggest losers, while HP, Apple and Cisco saw gains.

DocuSign, Etsy, DoorDash and Zoom are among the biggest losers, while HP, Apple and Cisco saw gains.

DoorDash stock has declined by about 11% over the past week and remains down by almost 35% from its early November highs. There are a couple of factors driving the recent sell-off.

Jim Chanos. CNBC/Getty The legendary investor who anticipated the

For DoorDash, it''s the lack of profit that caught Chanos'' attention. For DraftKings, it''s the high marketing spend.

Jim Chanos. CNBC/Getty The legendary investor who anticipated the Enron collapse 20 years ago has two new short positions. Jim Chanos said he''s betting against food-delivery app DoorDash and sports-betting firm DraftKings. DoorDash''s net losses caught Chanos'' attention. For DraftKings, it was the marketing spend. Legendary short seller Jim Chanos has two new companies he''s betting against: DraftKings and DoorDash. In an interview on CNBC, the founder of Kynikos Associates revealed the two companies as short-selling opportunities. Chanos is well known for anticipating Enron''s historic . . .

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For DoorDash, it's the lack of profit that caught Chanos' attention. For DraftKings, it's the high marketing spend.

Equities research analysts at UBS Group started coverage on shares of DoorDash (NYSE:DASH) in a report issued on Thursday, The Fly reports. The firm set a neutral rating on the stock. Several other brokerages have also weighed in on DASH. The Goldman Sachs Group assumed coverage on shares of DoorDash in a report on Monday, []

Despite another vehicle crashing into her car, the DoorDash driver made sure to complete the delivery before reacting.

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