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1 Green Flag for DoorDash in 2022 and 1 Red Flag

TheMotleyFool

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1 Green Flag for DoorDash in 2022 and 1 Red Flag

The DoorDash (NYSE: DASH) business model seemed tailor-made to thrive during a pandemic. Delivering restaurant orders to homes when in-person dining was halted was an excellent business.

Yet despite surging revenue, DoorDash struggles to operate profitably. That could explain one of its red flags in 2022: shareholder dilution. Investors have taken a pessimistic view of the delivery business, and the stock is down 54% off its high.

Image source: Getty Images.

Source Fool.com

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