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MarketBeat
MarketBeat
Leo Miller

DoorDash Buys Deliveroo: A Game Changer?

Over the past several years, consumer discretionary stock DoorDash (NASDAQ: DASH) has undoubtedly been one of the most impressive stories in the market. As of the Sept. 16 close, shares have achieved a staggering three-year return of approximately 308%.

In a key development, DoorDash just recently extended its footprint further outside the United States. On Sept. 9, Reuters reported that the European Commission approved DoorDash’s acquisition of the British food delivery company Deliveroo (LON: ROO).

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