After plummeting nearly 37% from its first earnings call, DoorDash (NYSE: DASH) investors are jumping on the stock Friday following a strong Q1 earnings report on Thursday.
In midmorning trading, DoorDash stock was up more than 20% on volumes that by 10:45 a.m. EDT Friday had surpassed 4.2 million shares trading hands. Average daily trading volume for DoorDash stock is 2.45 million shares.
The price had reached $140.82 a share by midmorning Friday, up from its Thursday close of $115.94 a share,...
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