(DASH) - Investors Send DoorDash Stock Soaring On Strong Earnings, Outlook
Share: After plummeting nearly 37% from its first earnings call, DoorDash (NYSE: DASH) investors are jumping on the stock Friday following a strong Q1 earnings report on Thursday. In midmorning trading, DoorDash stock was up more than 20% on volumes that by 10:45 a.m. EDT Friday had surpassed 4.2 million shares trading hands. Average daily trading volume for DoorDash stock is 2.45 million shares. The price had reached $140.82 a share by midmorning Friday, up from its Thursday close of $115.94 a share, although it is still far off its 52-week high of $256.09. On Feb. 25, the day the company a...