|Bid||0.00 x N/A|
|Ask||7,900.00 x N/A|
|Day's range||5,073.00 - 5,388.00|
|52-week range||4,952.29 - 9,204.00|
|Beta (5Y monthly)||0.29|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
In a bold expansion move, food and retail delivery company DoorDash (NYSE: DASH) announced its acquisition of Finnish delivery company Wolt Enterprises on Nov. 9. The American company is shelling out $8.1 billion in stock to obtain a significant foothold in Europe and Japan. The stock market responded jubilantly, sending DoorDash's share price soaring about 30% by Nov. 15.
Fox Advisors Founder & CEO Steven Fox joins Yahoo Finance Live to weigh in on DoorDash earnings and consolidation in the food delivery industry.
(Bloomberg) -- DoorDash Inc.’s shares soared 17% as the market opened on Wednesday, after the biggest meal-delivery service in the U.S. said it’s buying Finnish food-delivery startup Wolt Enterprises Oy for about $8 billion.Most Read from BloombergAmazon Sued Over Crashes by Drivers Rushing to Make DeliveriesWhat Designers of Video Game Cities Understand About Real CitiesBiden Plan Funds New Bridges That Locals May Not WantHong Kong's New Museum Tries to Please Art World — and BeijingThe all-sto