Tag Archives: Business/Consumer Services

DoorDash stock surges on ‘best quarter ever,’ despite holiday losses more than doubling expectations

DoorDash Inc. on Thursday reported a much wider fourth-quarter net loss than expected, though the company beat most other Wall Street estimates, including for revenue, orders and its first-quarter forecast. DoorDash DASH, -1.89% shares climbed nearly 14% after hours, after falling 1.9% in the regular session to close at $66.87.  …

Read More »

Paramount Posts a Big Miss, Announces Price Increases

Text size Paramount reported revenue that slightly missed expectations. Dreamstime Paramount Global  stock fell sharply on Thursday after the media company reported a big miss on quarterly profits due to a slump in advertising and its CEO announced price increases in 2023. For the fourth quarter, the media company (ticker: …

Read More »