DASH Stock Recent News

LOS ANGELES, CA — A Los Angeles woman who carried out a range of schemes — ranging from Target return scams to impersonating influencers in order to get free clothing — was sentenced Thursday to five years in federal prison and ordered to pay more than $1 million in restitution, according to the U.S. Attorney's Office. Jennifer Quan, 24, of the Miracle Mile area of Los Angeles, pleaded guilty in March to three federal counts of wire fraud and one count of aggravated identity theft. Quan used a variety of schemes to scam a wide range of victims out of more than $1 million, according to prosecutors, including: Quan's schemes "showed ingenuity, cunning, and creativity — but little remorse," the U.S. Attorney's Office said. She went out of her way to hurt others, prosecutors said, more than once calling DoorDash to exact revenge on delivery drivers by demanding that the employee not get paid or be suspended from their job. "Defendant's lies risked cheating these Dashers out of thei

DoorDash CEO Tony Xu has transformed the once-scrappy delivery startup into an industry consolidator worth almost $90 billion. DoorDash recently bought London-based Deliveroo for $3.9 billion and booking platform SevenRooms for $1.2 billion.

SAN FRANCISCO--(BUSINESS WIRE)--DoorDash, Inc. (NASDAQ: DASH) (“DoorDash”), a leading local commerce platform globally, today announced the closing of its previously announced private offering of $2.75 billion aggregate principal amount of its 0% convertible senior notes due 2030 (the “notes”). The notes were sold in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities.

DoorDash enjoys tremendous scale and faces limited competition. As a high-margin layer to local commerce and delivery, we're bullish on the company's outlook. Revenues have grown like clockwork, and we expect that net incomes should follow suit, as the firm unlocks more operating leverage. Trading somewhere between 17x - 22x FY '28 earnings, we think the stock appears cheap for the growth potential.

DoorDash is showing signs of accumulation as it sits above its 21-day and 50-day moving averages. It's clear the stock has formed a fairly bullish picture.

Despite a Q1 revenue miss, DoorDash set records in total orders, marketplace GOV, and posted its first GAAP net income. Aggressive expansion, including acquisitions of Deliveroo and SevenRooms, is building its customer base and strengthening market leadership. Valuation metrics like PE ratios are not yet relevant as DASH is still in its growth phase.

SAN FRANCISCO--(BUSINESS WIRE)--DoorDash, Inc. (NASDAQ: DASH) (“DoorDash”), a leading local commerce platform globally, today announced the pricing of $2.5 billion aggregate principal amount of 0% convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The size of the offering was increased from the previously announced.

DoorDash plans to offer and sell $2 billion of convertible senior notes to “enhance strategic flexibility.

DoorDash, Inc. has continued to grow, reaching a significant market share in U.S. meal delivery. The Q1 report still showed solid 21% revenue growth. Future growth potential is uncertain. Meal delivery market growth is slowing down significantly, and DoorDash's positioning in faster-growing grocery delivery is uncertain. DoorDash is eyeing international markets more with the Deliveroo acquisition, but the transaction doesn't refuel organic growth potential.

SAN FRANCISCO--(BUSINESS WIRE)--DoorDash, Inc. (NASDAQ: DASH) (“DoorDash”), a leading local commerce platform globally, today announced that it intends to offer and sell, subject to market conditions and other factors, $2.0 billion aggregate principal amount of convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”). In.