Daiichi Sankyo and Merck report phase 2 trial results for lung cancer drug
Director Stanley Tang of DoorDash, Inc. (NASDAQ:DASH) sold a total of 45,410 shares of Class A Common Stock on September 2, 2025. The sales, executed under a pre-arranged Rule 10b5-1 trading plan,
Specifically, Tang sold 900 shares at a weighted average price of $238.891, 300 shares at $240.25, 4,000 shares at $241.62, 7,116 shares at $242.389, 13,442 shares at $243.503 and 19,652 shares at $244.112.
On the same day, Tang also converted 45,410 shares of Class B Common Stock into Class A Common Stock.
Following these transactions, Tang directly holds 24,807 shares of Class A Common Stock and 7,828 shares of Class B Common Stock. Additionally, he indirectly holds 3,854,221 shares of Class B Common Stock through The ST Trust. In other recent news, DoorDash’s financial activities have drawn significant attention, particularly with its planned $3.9 billion acquisition of Deliveroo. This acquisition, valued at approximately 2.9 billion pounds, is currently undergoing a simplified review by the European Union. Meanwhile, DoorDash’s stock rating has been reiterated at Market Outperform by JMP, with a price target set at $335.00, reflecting a positive outlook on the company’s future, especially with the potential impact of autonomous delivery technology. Additionally, DoorDash has announced a multi-year partnership with Ace Pickleball Club, designating it as the "Official On-Demand Delivery & Pickup Platform" for the club’s locations across the United States. In collaboration with McDonald’s USA, DoorDash has also launched a new online ordering system that allows customers to order McDonald’s delivery directly through the restaurant’s website. This system is designed to simplify the ordering process without requiring app downloads or account creation. Furthermore, DoorDash is expanding its partnership with RELEX Solutions to optimize inventory management for its DashMart network of fulfillment centers. This expansion will incorporate additional AI-driven supply chain optimization tools to enhance forecasting and replenishment capabilities. These developments underscore DoorDash’s strategic initiatives to strengthen its operational efficiency and market presence. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.