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DoorDash Inc is a food delivery service in the United States, founded in 2013 by two Stanford students.
DASH.N securities were released into free circulation only seven years after the start of the business: on December 8th, 2020, the company held an IPO on the New York Stock Exchange.
DoorDash Inc had set the price per share at $102, whereas previously, it was going to announce the price at $90-95. Such a move worked and made it possible to raise about $3.4 billion: on the first trading day, the company's securities rose in price by 86%, reaching $189. At the same time, its market capitalization increased to $71.8 billion.
FxPro clients can buy and also sell this asset as a CFD, speculating on the price changes.
Take a look at the online chart on this page and decide if this asset should be included in your trading portfolio or not. Like all hot stocks, they can be extremely volatile, so be aware of risk management rules.
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