DoorDash stock pops after revenue beat, rosy guidance

Shares of DoorDash jumped as much as 6% in extended trading Thursday after the food delivery company reported better-than-expected sales for the fourth quarter and gave upbeat guidance for the current period.

Here’s how the company did:

• Loss per share: $1.65 per share vs. 68 cents, as expected by analysts, according to Refinitiv
• Revenue: $1.82 billion vs. $1.77 billion, as expected by analysts, according to Refinitiv

The company also said it approved a buyback of up to $750 million of its shares.

DoorDash attributed the wider-than-expected loss for the fourth quarter…