Negative outlook on DoorDash

2 months ago

Scarlet Fumer

"Door Dash, the worst performer in the S&P 500 right now. Down 16%. Ticker DSH. Uh worst day since it went public in late 2020. This comes after their IBIDA forecast disappointed expectations. The company saying that they plan to spend hundreds of millions of dollars more in 2026 than they did in 2025, which kind of steps away from the company, which had long been seen as a prudent company when it comes to allocating capital. I will say though I think I'm like in that straddling age in my lower 30s. So maybe I'm not the target audience but... Anti-dash."

The speaker criticizes DoorDash for its recent performance, highlighting a steep 16% drop and disappointing forecasts. Concerns include a drastic increase in capital expenditure forecasts and margin pressures, prompting a notably negative sentiment toward the stock.

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