A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020.— DoorDash shares surged more than 32% in after-hours trading despite a wider-than-expected quarterly loss. The delivery company reported a loss of 45 cents per share while Wall Street expected a loss of 25 cents per share. However, DoorDash's fourth-quarter revenue of $1.
3 billion beat estimates.— The cloud computing services provider saw its shares plunge more than 22% after hours even after a better-than-expected earnings report. Fastly posted an adjusted loss of 10 cents per share on revenue of $97.7 million. Analysts expected a loss of 16 cents per share on revenue of $92.5 million, according to Refinitiv. The company guided to a wider-than-expected first-quarter loss per share.
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