The Latest Breaking News from DoorDash

Analysts have provided the following ratings for DoorDash (NYSE:DASH) within the last quarter:

Hope you didn't need Discord, Doordash, Shopify, Grindr, or Peleton.

LOS GATOS, California — Jonathan Friedland wondered why his favorite local bakery, Manresa Bread, wasn’t using food-delivery services such as DoorDash or Uber Eats, especially during a pandemic shutdown that kept customers home.

On June 14, the Massachusetts Supreme Court issued a ruling disqualifying the app-based drivers initiative backed by Lyft, Instacart, DoorDash, and Uber, from the November ballot. 

Takeaway and ride-hailing apps boomed during the pandemic but are now under critical pressure

They rose to great heights but have been falling back hard. The share prices of companies in the so-called gig economy have been performing abysmally, even compared to the woes of stock markets in general. This dates back some 18 months though it has intensified since last autumn.

Raymond James analyst Aaron Kessler initiated coverage on DoorDash, Inc (NYSE:DASH) with a Market Perform rating with no price target. Kessler saw a large total addressable market for food delivery. DoorDash has established itself as the leading food delivery platform in the U.S. with a 50% plus market share, Kessler noted. DoorDash offered significant…

Upgrades

Someone with a lot of money to spend has taken a bullish stance on DoorDash (NYSE:DASH). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

When a company offers up good news to the Street, you have to be careful they're going to react to it. In the case of DoorDash Inc. (NYSE: DASH), investors that reacted too quickly to its raised guidance are at least in the short term regretting that purchase.

SEATTLE — Since 2017, Jay Reeves has been working as a delivery driver for either Postmates or DoorDash, working, at times, seven days a week.