DoorDash shares set to jump in blockbuster U.S. market debut

  • 12/9/2020
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Dec 9 (Reuters) - Shares of DoorDash Inc were set to soar in their debut on Wednesday after the food delivery startup raised $3.37 billion in one of the biggest U.S. stock market launches so far in 2020. At 10.20 a.m. ET, the company’s shares were indicated to open between $125 and $130, far above its upwardly revised initial public offering price of $102 apiece. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Sriraj Kalluvila and Shounak Dasgupta)

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