DoorDash shares surge on revenue beat, stand out among pandemic darlings


FILE PHOTO: A DoorDash sign is pictured on a restaurant in the Manhattan borough of New York City, New York, U.S., December 9, 2020. REUTERS/Carlo Allegri/File Photo

(Reuters) - Shares of DoorDash Inc surged 26% in premarket trade on Thursday after the food-delivery company beat estimates for quarterly revenue, a rare bright spot among stay-at-home darlings that have seen their stocks languish post results.

The company's 34% revenue rise, although slower than the blistering pace recorded a year earlier, still indicated that people continued to prefer ordering meals online and eased some pressure on its shares, which closed near a record low on Wednesday.

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