Demand for grocery delivery cools with consumers wary of cost, quality [Fortune]
DoorDash, Inc. (DASH)
Company Research
Source: Fortune
Grocery delivery saw tremendous growth during the first year of the pandemic. In August 2019 — a typical pre-pandemic month — Americans spent $500 million on grocery delivery. By June 2020, it had ballooned to a $3.4 billion business, according to Brick Meets Click, a market research company. Companies rushed to fill that demand. and Eats began offering grocery delivery. — the nation's largest grocer — opened automated warehouses to fulfill delivery orders. opened a handful of Amazon Fresh groceries, which provide free delivery to Prime members. Hyper-fast grocery delivery companies like Jokr and Buyk expanded into U.S. cities. But as the pandemic eased, demand softened. In June 2022, Americans spent $2.5 billion on grocery delivery — down 26% from 2020. For comparison, they spent $3.4 billion on grocery pickup, which saw demand drop 10.5% from its pandemic highs. That's causing some turmoil in the industry. Buyk filed for bankruptcy in March; Jokr pulled out of the U.S. in Jun
Show less
Read more
Impact Snapshot
Event Time:
DASH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DASH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DASH alerts
High impacting DoorDash, Inc. news events
Weekly update
A roundup of the hottest topics
DASH
News
- One Day With The Rabbit R1: How I've Been Using It So Far [CNET News]CNET News
- If Getir Exits Europe, Will Turkish Focused Future Include FreshDirect? [Forbes]Forbes
- Horn Barbecue: Finding Resilience In The Smoke And Ashes [Forbes]Forbes
- DoorDash Canada and Actress Catherine Reitman Partner to Champion On-Demand Grocery Delivery Across Canada [Yahoo! Finance]Yahoo! Finance
- DoorDash Canada and Actress Catherine Reitman Partner to Champion On-Demand Grocery Delivery Across CanadaBusiness Wire
DASH
Earnings
- 2/15/24 - Miss
DASH
Sec Filings
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- DASH's page on the SEC website