DoorDash CEO and other co-founders to sell millions of shares, stock falls

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DoorDash CEO and other co-founders to sell millions of shares, stock falls
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DoorDash Inc.'s three co-founders will sell millions of shares in the company beginning next month, the company disclosed Monday.

DoorDash Inc.’s three co-founders will sell millions of shares in the company beginning next month, the company disclosed Monday.

The... DoorDash Inc.’s three co-founders will sell millions of shares in the company beginning next month, the company disclosed Monday. The executives adopted trading plans in compliance with federal rules designed to avoid accusations of insider trading; because rules limit the number of shares that they can sell in any three-month period, the three executives will spread out their stock sales from February 2023 to June 2024.

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