Doordash shares fall 4.20% intraday after McDonald's adds direct online ordering via DoorDash.

Doordash, Inc. declined 4.20% in intraday trading. The company's stock price drop may be attributed to the lack of significant positive news events directly related to DoorDash. While there were news events about partnerships and expansions, such as the drone delivery service with GoTo Foods and McDonald's adding direct US online ordering via DoorDash, these events did not seem to have a positive impact on the stock price during the intraday trading period.