(Reuters) – Shares of DoorDash Inc were set to soar in their debut on Wednesday after the food delivery startup raised $3.37 billion in one of the biggest U.S. stock market launches so far in 2020.
At 10.20 a.m. ET, the company’s shares were indicated to open between $125 and $130, far above its upwardly revised initial public offering price of $102 apiece.
(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Sriraj Kalluvila and Shounak Dasgupta)
