DoorDash Stock Is Rising Monday: What’s Driving The Action?

DoorDash Inc (NASDAQ:DASH) shares are trading higher Monday amid the company joining the S&P 500.

What To Know: After the market close on Friday, S&P Dow Jones Indices announced that DoorDash, TKO Group Holdings Inc (NYSE:TKO), Williams-Sonoma Inc (NYSE:WSM) and Expand Energy Corp (NASDAQ:EXE) will join the S&P 500. The changes went into effect before the market open on Monday.

DoorDash shares jumped as much as 7.5% on the news. The four companies will replace Borgwarner Inc (NYSE:BWA), Teleflex …

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