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DoorDash soared 9% in premarket trading after strong Q2 earnings and an upbeat Q3 outlook, pushing its market cap close to that of FedEx and UPS combined. Retail sentiment turned 'extremely bullish,' though some warned of profit booking. DoorDash’s results beat Street estimates, driven by robust food and non-food deliveries. The stock is up 54% YTD.
short by / 03:40 pm on 07 Aug
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