Next Catalyst For Doordash Mixed Earnings Showed | DASH Stock

DoorDash (DASH) didn't knock it out of the park with its mixed Q4 2021 earnings report, but its results and outlook were good enough to calm investors' fears that the food delivery business has fizzled out. Although the booming days of FY20 and 1H21 are over, Doordash's solid Q4 Gross Order Value (GOV) growth of 36% shows that ordering food for delivery has become a lasting behavior for many people. That realization is brightening an incredibly sour sentiment on a deeply oversold stock that had plunged by 60% since mid-November. Doordash's growth rates will receive a boost after its acquisition of...

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