DoorDash’s outlook is sinking its stock. But one analyst says it typically forecasts conservatively.

by | May 1, 2024 | Stock Market

Food-delivery company DoorDash Inc. on Wednesday reported a worse-than-expected first-quarter loss amid signs of a slight slowdown in growth for its large U.S. restaurant business, and it offered a second-quarter forecast for a key demand metric that was just shy of estimates.

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