Food delivery app DoorDash sets IPO pricing terms: CNBC

DoorDash, a food delivery app, is seeking to raise up to $2.8 billion for its IPO, reported CNBC.

DoorDash, a food delivery app, is seeking to raise up to $2.8 billion for its IPO, reported CNBC. The media outlet noted that DoorDash plans to list 33 million shares at a price range between $75 and $85. DoorDash will trade the stock on the New York Stock Exchange under the ticker symbol “DASH.” DoorDash’s investors included Durable Capital Partners and Fidelity.

Source: CNBC