NEW YORK, December 31, 2025, 21:13 ET — Market closed
- DoorDash closed down 0.7% at $226.48 in the year’s final session.
- Stocks ended 2025 on a softer note in thin trading ahead of the New Year’s Day U.S. market holiday.
- A New York deadline for eligible Dashers to file claims in a $16.75 million tips settlement falls late Wednesday.
DoorDash (DASH.O) shares slipped on Wednesday, closing down 0.7% at $226.48 in the final U.S. trading session of 2025. The stock was down 0.3% at $225.88 in after-hours trading.
The muted move matters now because holiday-thinned volumes can amplify swings, and U.S. markets will shut on Thursday for New Year’s Day before reopening on Friday. Investors are also resetting positions after a strong year for U.S. equities.
For DoorDash, the year-end close also lands on a deadline tied to New York’s settlement process for delivery workers, keeping labor and regulatory issues in view. Traders are looking to the next earnings update for clues on growth spending and margins in 2026.
Broader markets ended lower in light trading, with the S&P 500 down about 0.6% and the Nasdaq down about 0.7%, Reuters reported. “There might be a bit of profit taking here, but again liquidity is very low. It is hard to know what it means,” said Giuseppe Sette, president at market research firm Reflexivity. Reuters
DoorDash traded between $226.08 and $228.61 on Wednesday and finished near the low end of that range, according to StockAnalysis.com data. About 2.4 million shares changed hands, versus 7.8 million shares traded on Dec. 19.
New York Attorney General Letitia James’ office said eligible DoorDash delivery workers have until 11:59 p.m. on Dec. 31 to file claims for restitution from a $16.75 million settlement. The claims process covers delivery workers in New York who worked between May 2017 and September 2019, the office said.
DoorDash agreed in February to pay $16.75 million to resolve allegations it used customer tips to subsidize a “guaranteed pay” model instead of passing tips through on top of pay, Reuters reported at the time. The company denied wrongdoing and said it changed its tipping model in 2019. Reuters
The episode underscores the scrutiny delivery platforms face as they compete for couriers and push deeper into non-restaurant categories. Investors also watch the sector for shifts in cost inflation and local rules that can alter unit economics.
DoorDash last reported results in early November, posting GAAP net income attributable to common stockholders of $244 million and adjusted EBITDA of $754 million for the third quarter. Adjusted EBITDA is a profit measure that excludes items such as interest, taxes and some non-cash charges.
Investing.com lists DoorDash’s next earnings report date as Feb. 12, with analysts expecting earnings per share of about $0.589 on revenue of about $3.98 billion for the quarter ended December.
Before the next session, traders will contend with Thursday’s U.S. market holiday and a return to trading on Friday, with investors looking for early signals on the Federal Reserve’s policy path in 2026.
For DoorDash, attention is likely to stay on post-holiday demand in restaurants and grocery, and on whether growth can hold up without squeezing profitability. With the stock ending near $226, traders often watch round-number levels such as $230 and $220 for changes in momentum.
