DoorDash Stock Hits Day Low of $161.39 Amid Price Pressure

DoorDash, Inc. experienced a notable decline in its stock performance on February 23, 2026, with a decrease of 6.54%. The stock reached an intraday low of USD 161.39, reflecting the company's current market challenges. Over the past day, DoorDash's performance lagged behind the S&P 500, which gained 0.69%. In the context of longer-term performance, DoorDash has faced a 20.54% drop over the past month and a 27.3% decline year-to-date. However, the company has shown resilience with a remarkable 191.07% increase over the past three years, significantly outperforming the S&P 500 during that period. Financial metrics indicate that DoorDash maintains a strong operational foundation, with an operating profit growth of 70.81% reported in June. The company has consistently delivered positive results for eight consecutive quarters, showcasing its ability to generate substantial operating cash flow, which reached USD 2,188 million. Despite recent stock performance challenges, DoorDash's high institutional holdings at 97.69% suggest a robust backing from significant investors, reflecting confidence in its fundamentals.