Why DoorDash Stock Popped Again Today

Shares of takeout delivery service DoorDash (NYSE: DASH) continued to surge higher in Tuesday trading, adding to a three-day winning streak that appears to have been prompted by news that DoorDash may be going big in Japan.

As of 12:30 p.m. EST, DoorDash is trading 12.3% higher than it closed yesterday.

On Friday last week, Nikkei Asia observed that DoorDash has begun advertising to recruit a general manager to run operations for it in Japan -- a virtually wide open market for food delivery, where 95% of restaurants have yet to set up home delivery services for their customers.

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Source Fool.com