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0.000174723354688251 -0.000116482236459 -0.00326150262085033 0.00244612696563767 0.00209668025626083 0.00483401281304592 0.00553290623179958 0.0103669190448457
Stock impact report

Firing on All Cylinders: DoorDash (NASDAQ:DASH) Q4 Earnings Lead the Way [Yahoo! Finance]

DoorDash, Inc. (DASH) 
Company Research Source: Yahoo! Finance
Today, we are looking at gig economy stocks, starting with DoorDash (NASDAQ:DASH). The iPhone changed the world, ushering in the era of the “always-on” internet and “on-demand” services - anything someone could want is just a few taps away. Likewise, the gig economy sprang up in a similar fashion, with a proliferation of tech-enabled freelance labor marketplaces, which work hand and hand with many on demand services. Individuals can now work on demand too. What began with tech-enabled platforms that aggregated riders and drivers has expanded over the past decade to include food delivery, groceries, and now even a plumber or graphic designer are all just a few taps away. The 6 gig economy stocks we track reported a softer Q4. As a group, revenues missed analysts' consensus estimates by 2.1% while next quarter's revenue guidance was 0.7% below. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 18.6% since the latest earnings result Show less Read more
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