Crystal Tse and Katie Roof

Business, Technology, Logistics

DoorDash’s 86% Jump Adds to Blistering Year for Unicorn IPOs

A DoorDash delivery bag sits on the floor inside a Washington, D.C., restaurant on March 26. Andrew Harrer/Bloomberg News

Shares of unprofitable food delivery platform DoorDash Inc. surged 86% in their trading debut Dec. 9, in the latest sign of investor exuberance in what already has been a record year for IPOs.

December 9, 2020