DoorDash (DASH) Stock: Why Its Trending Today

By Amit Chowdhry ● Aug 5, 2022
  • The DoorDash (DASH) stock is trending today as the volume is more than double the usual volume. This is why.

The DoorDash (DASH) stock is trending today as the volume is more than double the usual volume. And the price fell over 1.5% during intraday trading today. Investors are responding to the company’s second-quarter results. 

DoorDash had reported a Q2 EPS of ($0.72), which was $0.51 lower than analyst estimates of ($0.21). And the revenue for the quarter was $1.61 billion compared to the consensus estimate of $1.52 billion.