--- title: "U.S. stock market update: Doordash down 4.66%" description: "Doordash fell 4.66%; McDonald's fell 1.07%, with a transaction volume of 329 million USD; Texas Roadhouse fell 5.86%, with a transaction volume of 329 million USD; Mexican Grill fell 1.77%, with a tra" type: "news" locale: "en" url: "https://longbridge.com/en/news/252273257.md" published_at: "2025-08-08T17:07:41.000Z" --- # U.S. stock market update: Doordash down 4.66% > Doordash fell 4.66%; McDonald's fell 1.07%, with a transaction volume of 329 million USD; Texas Roadhouse fell 5.86%, with a transaction volume of 329 million USD; Mexican Grill fell 1.77%, with a transaction volume of 301 million USD; Starbucks' market value reached 103.5 billion USD **U.S. Stock Market Midday Update** DoorDash fell 4.66%, with a year-to-date increase of 54.01%. Based on recent key news: 1. On August 7, DoorDash released its second-quarter financial report, with revenue of $3.284 billion, a year-on-year increase of 24.87%, exceeding market expectations, and the stock price surged 8.83% in after-hours trading. 2. On August 7, Piper Sandler raised DoorDash's target price from $210 to $290, maintaining a "Neutral" rating, and the stock price rose nearly 9%. 3. On August 7, DoorDash projected total order value for the third quarter to be between $24.2 billion and $24.7 billion, higher than the market expectation of $23.73 billion, and the stock price increased by 5.08%. **Stocks with High Trading Volume in the Industry** McDonald's fell 1.07%, with a trading volume of $329 million. Based on recent important news: 1. On August 6, McDonald's released its second-quarter financial report, with revenue of $6.84 billion, a year-on-year increase of 5%, exceeding market expectations, and the stock price rose 3% in pre-market trading. 2. On August 6, JP Morgan raised McDonald's target price from $305 to $310. 3. On August 7, Citigroup raised McDonald's target price to $373 due to its increased market share. Texas Roadhouse fell 5.86%, with increased trading volume. Based on recent important news: 1. On August 8, Texas Roadhouse announced quarterly earnings below expectations, with actual earnings of $1.86, lower than the expected $1.91, leading to a 5.86% drop in stock price. 2. On August 8, the company projected inflation for goods and wages to be 5% and 4% respectively in 2025, increasing cost pressures. 3. On August 8, Texas Roadhouse announced a quarterly dividend of $0.68 per share, unchanged from before, failing to boost market confidence. Mexican Grill fell 1.77%, with increased trading volume. Based on recent important news: 1. On August 8, analysts rated Mexican Grill as Hold, believing its valuation is too high, despite growth potential, facing competition and cost pressures, leading to a 1.77% drop in stock price. 2. On August 7, the market held a neutral outlook on Mexican Grill's future sales, expecting same-store sales to remain flat or slightly decline, affecting investor confidence. 3. On August 6, Mexican Grill was not included in the analysts' recommended list of top five stocks, and the market held a cautious attitude towards its growth potential. **Stocks with High Market Capitalization in the Industry** Starbucks has a market capitalization of $103.5 billion, with increased trading volume. Based on recent important news: 1. On August 7, Starbucks plans to sell 70% of its shares in China due to declining revenue, causing stock price volatility. 2. On August 6, Starbucks is facing macroeconomic challenges and plans to revive through innovation and localization strategies On August 8th, Luckin Coffee opened a store in New York, challenging Starbucks, intensifying market competition ### Related Stocks - [DASH.US - Doordash](https://longbridge.com/en/quote/DASH.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | DoorDash Likely to See Better Margins, BofA Says | DoorDash Likely to See Better Margins, BofA Says | [Link](https://longbridge.com/en/news/276360053.md) | | DoorDash stock drops. 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