78 days ago • Posted by Martin Boujol
Doordash is making quite some noise entering the public market
The company's shares soared on entering the market, with a 85% increase on their first day of trading on the NYSE, giving the company a valuation of $60 billion. The stock was priced at $102 on Tuesday night before reaching almost $190 as I'm writing this piece. Food delivery really is one of the sector winning the pandemic, both in the real economy and on stock markets.