Oklo stock tumbles as Financial Times scrutinizes valuation
Ashley Still, a director at DoorDash, Inc. (NYSE:NASDAQ:DASH), recently sold shares of the company’s Class A common stock. The transaction comes as DoorDash shares have shown strong momentum, with a 60% gain over the past year and nearly 50% increase in the last six months, according to InvestingPro data. According to a filing with the Securities and Exchange Commission, Still sold 188 shares on February 24 at an average price of $200.74 per share, resulting in a total transaction value of $37,739. Following this sale, Still holds 8,159 shares in the company. The transaction was conducted under a Rule 10b5-1 trading plan, which was adopted in November 2024. While the stock currently trades near its 52-week high, InvestingPro analysis indicates the company maintains strong financial health with more cash than debt and liquid assets exceeding short-term obligations. For deeper insights into DoorDash’s valuation and growth prospects, investors can access 15 additional exclusive ProTips and comprehensive financial metrics through InvestingPro’s detailed research reports.
In other recent news, Domino’s Pizza (NYSE:DPZ) reported mixed fourth-quarter 2024 results, with U.S. comparable sales growing slower than expected, while international sales exceeded projections. Barclays (LON:BARC) analyst Jeffrey Bernstein raised the price target for Domino’s to $420, though he maintained an Underweight rating due to concerns about U.S. sales and valuation compared to peers. Domino’s anticipates improved U.S. sales growth in 2025, driven by new product launches and expanded partnerships, although international growth will likely remain moderate.
Meanwhile, DoorDash has reached a $16.75 million settlement with the New York Attorney General over deceptive pay practices, where tips were used to subsidize guaranteed pay for delivery workers. Despite this, DoorDash continues to receive positive attention from analysts. Truist Securities reiterated a Buy rating with a $235 price target, citing strong Gross Order Value and market expansion. Loop Capital also raised DoorDash’s price target to $235, highlighting the company’s growth momentum and potential for long-term earnings. Additionally, RBC Capital increased its price target for DoorDash to $230, noting robust fourth-quarter performance and growth in multiple business facets.
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