GRUB

Grubhub Inc

IPOs

Is the DoorDash IPO Worth Investing In?

A 31% drop on the S&P 500 gave many businesses a dim outlook in March.

The IPO market slowed down tremendously as a result.

What didn’t slow down, however, was online delivery.

An unprecedented amount of online orders were being placed during lockdowns.

Amazon had to hire 75,000 more workers to meet new demand.

As part of this trend, people were also eating out far less (if at all).

And companies like DoorDash came to the rescue.

That’s why this company hasn’t had the same hiccup as the rest of the IPO market since it announced a potential IPO in February.

Now, a DoorDash IPO is imminent as the company maintains its goal of going public before the end of Q4.

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Dow Jones

Dow Jones Slides 200 Points as Reality Sets in for the Markets

The Dow Jones lost more than 200 points in the first five minutes today.

Markets could finally be reflecting the economic devastation of the pandemic lockdown.

The House of Representatives has pitched a potential $3 trillion stimulus package.

More on this below.

Plus, Gilead Sciences (NASDAQ: GILD) just made progress on its COVID-19 treatment.

Here's everything moving the Dow today.

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stocks

Markets Live Recap: What Made the Nasdaq Break Its 6-Day Winning Streak

Stocks fell sharply today as investors continue to evaluate the United States' ability to reopen the economy.

The Dow, S&P 500, and Nasdaq all closed about 2% lower for the day as the volatility/fear index (VIX) spiked over 14%.

That's even on news that House Democrats unveiled their latest $3 trillion coronavirus relief bill…

Here's what our experts – Chris Johnson, D.R. Barton, Jr., and Shah Gilani – thought about the volatile move today, and which stocks investors should be focusing on to smooth out the bumps in their portfolios.

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Dow Jones

The Dow Jones Industrial Average Pops on High Earnings Hopes

The Dow Jones Industrial Average could add more than 200 points today thanks to fleeting concerns about the spread of coronavirus and a focus on earnings reports.

This morning, Chinese television media also reported that a research team at Zhejiang University has found an effective treatment for coronavirus.

However, the World Health Organization (WHO) has said that no real treatment has emerged for the virus just yet. More on these developments below.

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Options

The Worst Stock on the Market Could Make You 100% Profits

It might be the industry you'd least expect with the economy doing as well as it is.

But the restaurant sector is in deep trouble.

Just look at the list of names that filed for bankruptcy in 2019 despite unemployment at a record low and consumer confidence close to a 20-year high.

It turns out there's an explanation for the recent struggles.

And it's a bad sign for restaurant stocks across the board.

But it's an opportunity for you...

IPOs

2020 IPOs: The 10 Most Exciting Public Offerings to Watch

2020 is almost here.

And it's lineup of IPOs could make it the biggest year yet for initial public offerings.

In fact, there are at least 10 firms poised to go public in 2020.

And almost all of them have valuations over $1 billion in industries ranging from financial services, mattresses, and even travel and lodging.

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