
DoorDash's stock tumbles 10% after a mixed Q1 earnings report. The company beat revenue estimates but projected lower core profit for Q2, citing higher costs. Despite higher marketplace revenue and total orders, DoorDash's earnings missed expectations.
Shares of DoorDash $DASH tumbled over 12% on the back of reporting a larger-than-expected GAAP loss during the first quarter: https://t.co/icDWJokRJS How DoorDash $DASH Makes Its Money: https://t.co/qpJGnxDy1w https://t.co/BUdpoYyAqn
To follow up on this $SBUX point, here's $DASH's CEO on their call saying they don't see any behavior change or signs of strain. They processed 620 million orders with a value of nearly $20 billion. @SaraEisen https://t.co/vsjnlhg0GP https://t.co/Vp9eWUHMHp
$DASH (-7.2% pre) DoorDash disappoints Wall Street with downbeat quarterly core profit https://t.co/VdefnQQjdA




