DoorDash (DASH): Evaluating Valuation After a 11% Share Price Pullback
DoorDash (DASH) shares have drifted downward in recent weeks, slipping around 11% over the past month. Investors seem to be weighing valuation after a year of strong gains, even as the company reported double-digit annual revenue and net income growth.
See our latest analysis for DoorDash.
Despite some recent softness, DoorDash’s momentum this past year is hard to ignore. While the share price has pulled back roughly 11% over the past month, its year-to-date share price return remains impressive at nearly 42%. Looking back even further, long-term holders have been rewarded with a 54% total shareholder return over the last year and a remarkable 365% total return over three years. After such a strong run, the current pullback feels more…
