DASH

Stock-Based Compensation Masks Mounting Losses at DoorDash

DoorDash (NYSE: DASH) reported third-quarter earnings results that showed excellent top-line growth. However, that's coming at the expense of massive losses on the bottom line. The company is sustaining itself partly by paying its employees in stock-based compensation instead of cash.

Stock prices used were the afternoon prices of Nov. 7, 2022. The video was published on Nov. 9, 2022.

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Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DoorDash, Inc. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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