Doordash stock tanks 20% as company misses earnings, says it expects further spending
1. DoorDash's Q3 earnings missed analyst expectations. 2. The company expects increased spending on initiatives in 2026. 3. Revenue grew 27%, but stock fell 20% post-earnings report. 4. Net income rose to $244 million from $162 million year-over-year. 5. Total orders increased to 776 million, slightly above estimates.