Here's Why I Am Avoiding DoorDash Stock Right Now

By Parkev Tatevosian, CFA – May 9, 2023 at 5:00AM

NASDAQ: DASH

DoorDash

Market Cap

$51B

Today's Change

(-2.01%) -$2.60

Current Price

$126.76

Price as of April 24, 2024, 4:00 p.m. ET

DoorDash has difficulty running its business profitably.

Fool.com contributor and finance professor Parkev Tatevosian discusses why he is skeptical about DoorDash (DASH -2.01%) stock.

*Stock prices used were the afternoon prices of May 6, 2023. The video was published on May 8, 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 fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.