Are Delivery Firm Stocks Overvalued? They Deliver Great Food, but Not Profits

A look at how unprofitable firms are valued

Stephen Foerster
Marker
Published in
8 min readNov 29, 2021

--

Photo by eggbank on Unsplash

Q. What’s worth almost half a trillion dollars and had operating losses of over 12 billion dollars last year?

A. Nine publicly-traded delivery firms, including Uber and DoorDash.

--

--

Stephen Foerster
Marker

I’m a Finance prof, CFA, and author of In Pursuit of the Perfect Portfolio (with Andrew Lo). I write stories about investing. (I don’t give financial advice.)