Techno Blender
Digitally Yours.
Browsing Tag

biggerthanexpected

more customers, but bigger-than-expected losses

DoorDash stock hit a 52-week high Thursday, but quickly fell from that peak in after-hours trading as investors digested the company’s fourth-quarter earnings.The delivery company reported a 39-cent-per-share loss, compared to analyst expectations of just 16 cents. That sent shares down more than 9.5% in the post-market at one point. The company, however, attempted to shift investor focus to the overall adjusted EBITA (earnings before interest, taxes and amortization). That number beat expectations of $356 million, coming…