DoorDash is the leading food delivery service in the United States, and in recent years, it has also ventured into grocery and retail, which is proving to be beneficial. The company had a successful year in 2024, achieving a record number of users, revenue, and profits.
DoorDash (DASH), Williams-Sonoma (WSM), and TKO Group (TKO) will be added to the S&P 500 (^GSPC) before trading begins on Monday, March 24, as part of the index's quarterly adjustments. Brad Smith shares more information in the Morning Brief. For additional expert opinions and market analysis, you can find more on Morning Brief, written by Naomi Buchanan.
The S&P 500 is undergoing some changes, and investors are paying attention. DoorDash, Williams-Sonoma, Expand Energy, and TKO Group will be added to the well-known index before trading starts on March 24.
On Friday, shares of DoorDash, Williams-Sonoma, Expand Energy, and TKO Group increased in after-hours trading following the news that they would be added to the S&P 500.
Kate Rooney from CNBC appears on 'Fast Money' to discuss the updates to the S&P 500 and S&P 100 lists.
DoorDash, Williams-Sonoma, TKO, and Expand Energy are set to be added to the S&P 500 index, but AppLovin has been overlooked once more. The news highlights the inclusion of these companies in the prestigious index.
DoorDash will pay almost $17 million in a settlement because the food delivery service used customer tips to help cover the wages of delivery workers in New York.
According to New York officials on Monday, around 60,000 DoorDash delivery workers will share a $16.75 million settlement. This agreement concludes an investigation into misleading tipping practices and will provide each driver with between $10,000 and $14,000.
This is a comparison of how DoorDash, Inc. (DASH) and Appian (APPN) have done in relation to their industry during this year.
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