Newton: DoorDash (DASH) Needs to Keep Increasing Market Share
Schwab Network · Schwab Network
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Show Notes
Frances Newton “really likes” the chart of DoorDash (DASH) into its earnings Wednesday afternoon. She anticipates it to report in line with analyst estimates, noting that it trades in a beaten up sector that is pinched by the K-shaped economy. Frances says they need to hold onto their market share, which is the largest vs competitors, but valuations are similarly high vs peers. Continuing to make the experience as frictionless as possible could support success.
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