It’s A Party

Let’s rewind the clock for 24 hours. DoorDash had just sold shares in its IPO at $102, above the $90-$95 expected range. Now let’s come back to today. The stock opens at…$182, giving it a market cap of $69.6 billion. That vaulted it ahead of names like Chubb, Sherwin-Williams, CME Group, and General Motors, to name a few.
Young companies have crushed it in their early existence as public entities. I want…

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