US stock volatility | Q1 revenue below expectations DoorDash (DASH.US) falls more than 8%

According to the financial news app Fortune Securities, on Tuesday, DoorDash (DASH.US) fell more than 8%, closing at $187.93. On the news front, the company's Q1 revenue was $3.032 billion, a 21% year-on-year increase, lower than the market's expected $3.1 billion, but net profit of $193 million exceeded market consensus. Additionally, according to an announcement by DoorDash on Tuesday, they have agreed to acquire the UK food delivery platform Deliveroo at a cash price of 180 pence per share, a 4.6% premium over Deliveroo's closing price of 172 pence yesterday. Furthermore, the company will acquire the restaurant and hotel customer relationship management platform SevenRooms in an all-cash deal worth approximately $1.2 billion.