We think the specific episodes and related volatility will come and go. “Overall, the meme stock phenomenon is unlikely to have a major impact on traditional, long-term-oriented investment portfolios, in our view. Rule-making authorities tend to be reactive and lag technological innovations and trends. “There are a number of regulatory issues raised by the GameStop/meme phenomenon, and we think regulators will likely be slow to act. We don’t count out additional bouts of market volatility related to meme stocks. In the interim, this doesn’t mean that more GameStop-like episodes will automatically occur and it doesn’t mean they won’t. “We think the participation of individual investors will grow in number and influence, at least until the next deep and lengthy bear market takes root. Kelly Bogdanova, portfolio analyst at RBC believes that interest in this sector is only likely to grow. Short selling can too be beneficial, as long as the investors can realise the risks involved. Being invested in meme stocks can add diversification to any portfolio. Other Robinhood Financial fees may apply, check rbnhd. You can buy and sell DoorDash (DASH) and other stocks, ETFs, and options commission-free on Robinhood with real-time quotes, market data, and relevant news. No cash balance or cash flow is included in the calculation.Speculation is not a new phenomenon in the investing world. View the real-time DASH price chart on Robinhood and decide if you want to buy or sell commission-free. Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Actual performance may differ significantly from backtested performance. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Track DoorDash Inc (DASH) Stock Price, Quote, latest community messages, chart, news and other stock related information. DoorDash Inc., the US food-delivery service that competes with Uber Technologies Inc. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. This information is provided for illustrative purposes only. Fintel reports that on August 4, 2023, Goldman Sachs maintained coverage of DoorDash Inc (NYSE:DASH) with a Neutral recommendation. 89.65 3.61 (4.20) Today 89.52 0.13 (0.14) After Hours Market Cap 34.84B Volume (M) 4.69M 52-Wk High 90.86 52-Wk Low 41.37 About Feed News Sentiment Earnings Fundamentals There is no chart data available for this period 1d 1w 1m 3m 6m 1y All Sentiment Message Volume Disclaimer: This is informational only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. CoinDesk journalists are not allowed to purchase stock outright in DCG. Learn about Dash coin, crypto trading and more. How much money does DoorDash make DoorDash (NYSE:DASH) has a market capitalization. Features Dash USD price, real-time charts, Dash news and videos. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. One share of DASH stock can currently be purchased for approximately 83.43. Backtested performance is not an indicator of future actual results. John Hussman, an asset-bubble expert, forecasts the ongoing rally in US stocks will 'end in tears. Disclaimer: The TipRanks Smart Score performance is based on backtested results. 16 Wall Street analysts that have issued a 1 year DASH price target, the average DASH price target is 78.69, with the highest DASH stock price forecast at 105.00 and the lowest DASH stock price forecast at 65.00.
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