As shown on the following two daily charts, DoorDash Inc. (DASH) has lost 76% of its value, to date, from its IPO closing price of $189.51 on December 9, 2020 -- after spiking higher, twice, to 256.09 and 257.25, respectively, followed by two plunges -- to Friday's close of 45.23.
Beware of these volatile, parabolic one-hit COVID-era wonders, as they may never recover, especially during the current high-inflation environment [classic case in point is Zoom (ZM) as described here]...and pity the buyers at the top!
