The DoorDash stock (DASH) has been on the rise for the past few months. The price is expected to continue rising especially after it reported over $1 billion of revenue in Q3.
To help stock traders eying the DoorDash stock, Invezz has created a brief article on what it is and the best places to buy it.
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DASH stock is the stock name for the DoorDash, Inc. shares and it trades on the New York stock exchange (NYSE) under the symbol NYSE: DASH.
DoorDash, Inc. is a San Francisco, California-based company that operates an online food ordering and delivery platform.
The company commands a 56% market share in the food market in the US and a 60% market share in the delivery category, making it one of the most used food delivery platforms in the US.
If you are looking to invest in a stock that has shown a persistent bullish trend, then the DoorDash stock is a good choice.
DoorDash stock price has risen by over 70% in 2021 to date and most investors believe the continued increment in earnings as reported in their Q3 earnings report will spur a continued rise of the DASH stock price.
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