Workflow
New Global Tech Stack
icon
搜索文档
Doordash stock drops 15%, heads for worst day ever on spending concerns
CNBC· 2025-11-07 00:54
Doordash's stock plummeted toward its worst session ever as investors rejected the company's aggressive spending strategy.The food delivery platform said it plans to shell out "several hundred million dollars" next year on new product initiatives like autonomous delivery and a new global tech stack. These plans will improve its product globally, but involve "direct and opportunity costs" in the short run, Doordash said.CEO Tony Xu defended the company's spending decisions during the earnings call with analy ...