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Consumer demand for food delivery is surprisingly resilient.
DoorDash (DASH -0.11%) is not short on revenue or customer growth. Instead, serving these customers is leading to growing losses on the bottom line.
*Stock prices used were the afternoon prices of Feb. 17, 2023. The video was published on Feb. 19, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DoorDash. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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