DoorDash Inc (DASH) News

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DASH new 52 week high

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DASH new 52 week high

DASH new 52 week high

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DoorDash Inc NYSE: DASH

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Consumer Discretionary : Hotels, Restaurants & Leisure | Mid Cap GrowthCompany profile
DoorDash, Inc. is a technology company. The Company operates a local commerce platform that connects merchants, consumers, and Dashers. The Company's primary offerings are the DoorDash Marketplace, which operates in four countries, including the United States, and the Wolt Marketplace, which operates in 23 countries, most of which are in Europe. Both the DoorDash Marketplace and the Wolt Marketplace (Marketplaces) provide a suite of services that enable merchants to establish an online presence and fulfill orders primarily through independent contractors who use the Company’s platform to deliver orders (Dashers). As part of the Marketplaces, the Company also offers Pickup, which allows consumers to place advance orders, skip lines, and pick up their orders with no consumer fees, as well as DoorDash for Work, which provides merchants on the Company’s platform with large group orders and catering orders for businesses and events.
New 52 week high

DASH new 52 week high

Starting to look good https://twitter.com/APEXPENNYSTOCKS/status/1679945856294739969

DASH
GIG ECONOMY
Uber Eats, DoorDash, Grubhub Team Up to Sue New York City
New York City just got a special delivery: lawsuits courtesy of Uber Eats, DoorDash, and Grubhub.
On Thursday, the trio of gig economy mavens, plus upstart competitor Relay, sued the city over sweeping new rules that would require paying gig workers a guaranteed $17.96-an-hour minimum wage — a move, they say, that would upend the city’s entire gig economy ecosystem.
A Declaration of Independent Contractors
It’s a tale as old as, well… at least as old as Uber. Should drivers for delivery and ride-share apps be considered employees — and thus receive the benefits and guaranteed wages of a regular job? Or are they, as the companies have mostly defined them, independent contractors enjoying the ever-flexible fruits of gig work, like setting their own hours and accepting and rejecting tasks as they see fit? It’s a status quo the companies have long fought to protect. Most notably, in 2020, Uber, Lyft, Instacart, and Postmates poured a record $205 million into supporting a California state ballot measure known as Proposition 22 to keep drivers classified as independent contractors. The group won, and secured the victory in a California appellate-court case this past spring upholding the measure.
Now the industry faces a similar fight on the East Coast, with DoorDash and Grubhub filing a joint lawsuit in the Supreme Court of New York, while Uber Eats and Relay each filed separate suits. The law, set to go into effect on Wednesday, could “cause immediate and irreparable harm” to their businesses, Uber said in its complaint. Here’s how the math works out:
• The city’s new rule would require companies to either pay the roughly $18 per hour minimum, or 50 cents for every minute a driver spends on a single trip, with each rate excluding tips. That’s a healthy beat higher than the city’s overall $15-per-hour minimum wage.
• That would radically change the fluctuating per-gig rate system that delivery drivers now receive. The companies argue the new law could lead to contractors simultaneously logging on to various apps, essentially earning wages from multiple companies at once and leading to significantly higher consumer fees — possibly harming restaurants’ takeout business as well.
Add it to the List: The lawsuits are just the latest filed against the city. DoorDash, Uber Eats, and Grubhub are also suing over a 2021 law that caps the commission they can take from restaurant sales to just 23%. A similar law in San Francisco limits their cut to just 15%. The trio is also suing the city over another law that requires the apps to share basic customer data — such as names, addresses, and phone numbers — with the local restaurants taking orders, unless users decide to opt-out. Then again, what’s the point of living in the country’s densest city, with takeout options aplenty, if you’re going to wait an hour to overpay for app delivery?
- Brian Boyle

Do NOT EVER invest in DoorDash .. ever! If you go long DASH you've clearly lost your mind .. do not ever buy their stock

The mindless reptilian brained protozoa who own and control Door Dash are the stupidest dumbest single cell organisms ever born / borne

[url=https://ibb.co/fCVQbCk][/url]

Here's a photograph ?? of one of the owners.. cute but very stupid

A bacterium wouldn't be as stupid as these thoughtless examples of utterly brainless inanity and unbuffered unabashed idiocy I'd say

$DASH

I have put my short position back on. The reasoning is because. Joe Blow does not have any discretionary income left to use their services. Not that the company is a bad idea. But for now, there day in the sun is over.

I got stopped out on my short with a nice profit. I am now looking at putting it back on.

Better to learn how to read charts. They will tell you which way the wind is blowing. Long before you will ever see it in print. Course it took 70 years for me to figure that out.

I can tell you as a driver, next earnings will be down. Check out all the DD Facebook groups. Shit sucks now. Uber eats pays better but even less frequent orders now that we flattened the curve.

OK, I am now short again.

Good luck. I am getting ready to short it again.

Looking at buying here. Tip Ranks and Oppenheimer’s favorite.

I said 35, but if the government throws out the independent status for the drivers and makes them employees. We could see 10 t0 15 dollars on this stock. After the election we should have a little rally. Time to put the short back on, or add to your short position.

I worked for this company for a year as a part time job. It was the worst experience of my life. The app is dangerous and makes you click 3 times to decline an order so you have to look away from the road while driving. The company steals from employees by keeping their tips. The app freezes and customers can't receive their order. Some orders are on $3.00 commission for 30 mins of work or more which is far below minimum wage... not to mention rising gas prices causing people to quit and find other means of income. If their earnings are positive it is because they stole tips from their drivers. Awful company to work for.

DoorDash to Offer Cannabis Pickup Service in Canada
https://gritdaily.com/doordash-to-deliver-cannabis-in-canada/ $DASH

You are now stopped out, with a nice profit. Be not anxious to buy this back at 78. Before this is all over, it may be 35.

If you did buy them at 78. I am sure you did not sell half, as I said you should. But if you did, move your stop up to 100.

I said buy them at 78. Now please sell them. At least half of them. Put a stop under the rest at 80. You have a nice profit. Don't let it become a loss.

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DUMP ... DUMP ... DUMP

Drivers are very unhappy with their pay and service is on the way down.

Buy them at 78.

As an UberEats and DD driver I can confirm DD is winning on amount of orders. I’m guessing 70% market share. This is just an estimate on my small city. Uber did buy postmates. I’m betting on DD but no shares yet.

I used DASH to order some alcohol and the fees and taxes overall are so much cheaper than food.

Say what you want. I will get my 78.

X-MAS came already this yr in FEB lol oh we just hit it big on DASH call options. UP 19.00$ after mkt loving it. My son is amazing time to give up the reigns totally. I like when I get these phone calls with huge gains all good. Good Luck to all

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Looking for $12 per share...LOL

So far, so good. Still looking for 78 here. Still have my DOW short on. looking for a major drop. Did well on my PRED. Bought it on the 29 at.04. Got out of half at a little over .06. Nice start to the new year.

So far so good, in the new year. I sold half of my DOW short I put on this morning. Will keep the other half to see if I can get a nice hit.

Well I got out of the 220s with a nice profit. But small position. Now to see if I can get out at 78 on the other position, again not to large. In the mean time I am going to look some where else, other then here for a trade. This thing makes me nervous the way it jumps around. The DOW looks like toast. I think we could get a big drop on Monday or Tuesday. I think I will take a shot at that.

I added a few more to my short position on the way down. I think I will sell the first ones I bought, at 128, Then the rest at 78.

I am again short. But with such a small position, it means little.

Yep.
Eight out of ten times Im glad I sold.

If this game were easy, every shoe clerk in town would be in it.I would bet, you still did a lot better than I did. ON TO THE NEXT ONE.

I thought today would be a profit taking day so sold 3/4 of my shares right before the Close yesterday.

Darn, stopped out with a very small profit.

Its a huge hit overseas

Took a while.
But my 213s and 193s are now green. Now, what do I do ?

What a grind. Finely, I am 6 bucks a share to the good on this pig. Maybe I should run for the door. But the chart looks as heavy as tungsten.