DoorDash to switch listing to Nasdaq

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

(Reuters) - DoorDash will transfer its listing to the Nasdaq Stock Market from the New York Stock Exchange, the delivery firm said on Thursday. The ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - DoorDash will transfer its listing to the Nasdaq Stock Market from the New York Stock Exchange, the delivery firm said on Thursday.

The company, which made its market debut in December 2020, said it expects to begin trading on the Nasdaq on Sept. 27, and will retain the symbol"DASH". The move comes as grocery delivery peer Instacart is expected to debut on the Nasdaq later this month. DoorDash has continued to benefit from the pandemic-driven consumer shift to ordering everything from food to home supplies online, with the company last month lifting its annual core profit forecast for the second time.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock futures dip in countdown to key CPI data: Stock market news todayAugust's Consumer Price Index inflation report is a key data point for the Fed when it decides on rates policy next week.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock futures stumble as CPI data comes in hot: Stock market news todayAugust's Consumer Price Index inflation report is a key data point for the Fed when it decides on rates policy next week.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

SoftBank's Arm set to debut on Nasdaq after blockbuster IPOArm priced its offering of 95.5 million American Depositary shares at $51 apiece, fetching $4.87 billion for SoftBank at a valuation of $54.5 billion, with participation from cornerstone investors including Apple, Intel and Alphabet. Hopes of a revival in the IPO market largely depend on the success of the high-profile listings of Arm and other marquee startups, including grocery delivery firm Instacart and marketing firm Klaviyo. Barclays, Goldman Sachs, JPMorgan Chase and Mizuho Financial Group are the lead underwriters.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

SoftBank’s Arm set to debut on Nasdaq after biggest IPO since 2021Chip maker is set to be the biggest test for the U.S. IPO market after a listing drought that lasted for nearly 16 months
Source: globeandmail - 🏆 5. / 92 Read more »