$DoorDash (DASH.US)$
The reason it dropped a lot is because SoftBank sold 10,000,000 shares on 10/27th. Interesting thing is DoorDash COO sold 44,000 shares right after SoftBank sell.
https://www.sec.gov/Archives/edgar/data/1731509/000089924321042026/xslF345X03/doc4.xml
Note: SVF Fast is owned by SoftBank.
The reason it dropped a lot is because SoftBank sold 10,000,000 shares on 10/27th. Interesting thing is DoorDash COO sold 44,000 shares right after SoftBank sell.
https://www.sec.gov/Archives/edgar/data/1731509/000089924321042026/xslF345X03/doc4.xml
Note: SVF Fast is owned by SoftBank.
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$DoorDash (DASH.US)$ what happened??? -5%?
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$DoorDash (DASH.US)$ In the context of inflation, I am pessimistic about the delivery industry. It is observed that the price of food items in these deliveries is higher than the actual restaurant prices. For example, out of the 25 snacks on Uber Eats, the restaurant prices are only 17. Additionally, with the delivery distances not being far and the current rise in prices, users are more likely to opt for self-pickup.
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
This is my ATM these days. Out for safety now, might come back later.
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$AMC Entertainment (AMC.US)$ Have a feeling this will drop hard soon.
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