Jim Cramer Said DoorDash, Inc. (NASDAQ:DASH) Was Shorted On Uber Which Was A Bad Trade

Ramish Cheema

Sat, August 15, 2026 astatine 4:29 PM CDT 3 min read

DoorDash, Inc. (NASDAQ:DASH)'s shares are down by 12.5% implicit the past twelvemonth and by 1.3% year-to-date. On August 6th, the shares closed 2.9% higher aft the firm's 2nd 4th net study connected the 5th. Cramer commented connected DoorDash, Inc. (NASDAQ:DASH) arsenic portion of his treatment astir the net season. The CNBC TV big discussed DoorDash, Inc. (NASDAQ:DASH), on with Uber:

"The lone 1 that was not trashed today. . .was DoorDash. People conscionable loved the DoorDash. And, they liked DoorDash arsenic overmuch arsenic they didn't similar Uber. A batch of radical I deliberation shorted DoorDash connected Uber origin they've spell truthful overmuch overlap and that was evidently a atrocious trade."

DoorDash, Inc. (NASDAQ:DASH)'s 2nd 4th results were a beardown acceptable of numbers connected galore fronts. They saw the firm's operating currency travel and escaped currency travel leap 87% and 109% to $944 cardinal and $742 million. Additionally, orders jumped to $970 cardinal and gross grew by 36% to $4.45 billion. DoorDash, Inc. (NASDAQ:DASH)'s marketplace gross bid worth (GOV) grew by 36% to $33 billion. All of these metrics suggest that the steadfast is presently successful a maturation signifier and is gaining marketplace share. However, connected the bearish front, DoorDash, Inc. (NASDAQ:DASH)'s 2nd 4th GAAP nett income dropped by 30% to $200 cardinal portion its R&D expenses jumped by 52% to $535 million. Additionally, the steadfast could besides look headwinds from regulatory enactment connected its gig idiosyncratic minimum wages and ostentation eating into discretionary spending. DoorDash, Inc. (NASDAQ:DASH) could beryllium successful occupation if these headwinds travel close astatine the clip it is spending heavy connected automated transportation platforms.