DoorDash (NASDAQ: #DASH) Sinks 13%+ on Thursday After Q1 2024 Earnings on Downbeat Future Outlook

DoorDash Inc. (NASDAQ: $DASH) is a leading online food delivery and logistics platform with operations worldwide. Founded in 2013 by Stanford students, it has revolutionized the local commerce landscape by facilitating on-demand delivery and pickup services, connecting restaurants, merchants, and consumers through its innovative technology.

On Wednesday, May 1, 2024, DoorDash released its financial results for the Q124 that ended March 31, 2024, reporting significant growth in several key areas despite facing regulatory challenges and increased costs.

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