DoorDash Stock Slides on Downgrade as Vaccine Is Launched
Order Reprints Text size DoorDash stock was priced at $102 and opened for trading at $182 during last week’s IPO. Michael M. Santiago/Getty Images Tom White got in front of history this month, recommending DoorDash shares before they even started trading. The D.A. Davidson analyst picked up coverage of the food-delivery company on Dec. 1, more than a week before the stock opened. In his report, he set a Buy rating and $93 target price on the stock, while at the time, the indicated price range was $75 to $85 a share. The stock actually priced last week at $102, and o...
Source: barrons.com