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DoorDash’s stock drops despite reporting increase in revenue, orders

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DoorDash Inc.’s stock slid about 7% in after-hours trading Thursday after the food-delivery company delivered quarterly results.

DoorDash DASH reported a fiscal fourth-quarter net loss of $154 million, or 39 cents a share, compared with a net loss of $640 million, or $1.65 a share, in the same quarter a year ago.

Revenue jumped 27% to $2.3…

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