Analyzing The Price Action In DoorDash Stock Today
DoorDash's Stock Price And Volume Action
DoorDash's (NYSE:DASH) stock is trading up 6.48% to a price of $137.27. The stock's volume is currently 62.93 thousand, which is roughly 1.64% of its recent 30-day volume average of 3.83 million.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: DoorDash shares are trading higher after Wolfe Research initiated coverage on the stock with an Outperform rating and announced a price target of $180 per share.
Perspective On Recent Price Action
The stock's 50-day moving average was $168.06 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $256.09 and fallen to a low of $121.0.
Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.