Doordash Soars 3.47% on Strong Q2 Revenue, Insider Buying Surge

Generated by AI AgentAinvest Market Brief
Monday, Aug 5, 2024 6:30 pm ET1min read
DASH--
1. Doordash (NYSE: DASH)
Doordash gained solidly by 3.47%. Doordash disclosed 14 insider transactions on August 5, 2024. Adarkar Prabir bought 8000 shares on August 1, 2024. Doordash's Q2 2024 revenue was $51.43 billion, a 23.39% increase year-over-year. Multiple analysts updated their ratings and target prices for Doordash in early August 2024.

2. Rocketmpanies (NYSE: RKT)
Rocketmpanies gained mildly by 2.96%. Rocket Companies received rating updates from Deutsche Bank, Wedbush, Barclays, and JP Morgan, with target prices as $15.00, $15.00, $10.00, and $13.50 respectively. The company reported fiscal 2024 first-quarter revenue of $1.384 billion and conducted insider trading transactions in June 2024.

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