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DoorDash continues its August run
DoorDash shares have climbed by 10.5% this month after the company posted positive topline results in the second quarter of 2021.
By Rony Abboud
0
- North America
- New Consumers
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DoorDash inc. (DASH) shares closed higher yesterday by +2.53% as it continues its August ascent.
DoorDash is a food delivery service that is available in the United States, Canada, and Australia. It was founded in 2013, and since then, it has grown tremendously. DASH shares have climbed by 10.5% this month after the company posted positive topline results in the second quarter of 2021.
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Due to the volatility surrounding Tech stocks, investors can hold DASH through Technology ETFs with focus on growth stocks. Among them is the Renaissance IPO ETF (IPO), an ETF with $522 million in assets and 4.66% exposure to DoorDash.
Another option would be ProShares Online Retail ETF (ONLN) , an ETF with $920 million in assets. ONLN has DASH among its top 10 holdings with a weight of 4.00%.
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