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DoorDash sells shares at $102 in IPO, pricing above range



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DoorDash, the food delivery provider that’s seen a surge in demand during the coronavirus pandemic, sold shares in its IPO at $102 a piece, pricing above its range, according to people familiar with the matter.The offering on Tuesday values the company at $32.4 billion, based on common stock outstanding and $38.7 billion on a fully-diluted basis. The company previously said it expected to sell shares at between $90 and $95. The sources asked not to be named because the pricing is still confidential.DoorDash is the first IPO in a late-year consumer technology wave that includes the expected debut of Airbnb later this week, …

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