Why DoorDash Stock Was Soaring Today

Shares of DoorDash (NYSE: DASH) were surging today after the third-party delivery platform posted strong results in its first-quarter earnings report. The performance helped convince investors that the company can carry its momentum into the reopening and that it has a path to profitability.

As of 12:51 p.m. EDT, the stock was up 24.2%.

Image source: DoorDash.

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Source Fool.com