DoorDash stock just had its steepest drop ever, amid spending worries. Some analysts are OK with that.
The anxiety arrived after DoorDash on Wednesday said it would spend several hundred million dollars more on βnew initiatives and β¦
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The anxiety arrived after DoorDash on Wednesday said it would spend several hundred million dollars more on βnew initiatives and β¦
Doordash has already shelled out billions this year to buy restaurant booking platform SevenRooms and British delivery platform Deliveroo.
The food delivery platform said it expects to spend "several hundred million dollars" on new initiatives and development in 2026.
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