Door Dash Post Earnings
$DASH
It’s been 7 months since the last post on DASH 0.00%↑ . A reminder that stocks don’t often move on our fundamental views at when we want them to.
DASH 0.00%↑ reported earnings yesterday, and in my opinion, they sucked. My fundamental views were previously outlined.
The markets not taking kindly to poor earnings reports this season. The post earnings reaction in this name has been swift and hard (another gap filled). With the 200 day and AVWAP from IPO just below current levels this morning, a break below those would certainly bring that unfilled gap in the $80s into play.
