CART fell 1.1% on unusually heavy volume as a broad risk-off session pushed the S&P 500 down 1.9% and the Nasdaq down 3.1%, with VIX up 23.7%. Fresh October 30 downgrades from Barclays, Cantor Fitzgerald, Bernstein, and Jefferies kept pressure on the stock, while scrutiny around DoorDash's proposed $17 billion acquisition added uncertainty. The stock's mixed peer tape points to a company-specific secondary drag alongside the market selloff.
CART fell 1.1% on unusually heavy volume as a broad risk-off session pushed the S&P 500 down 1.9% and the Nasdaq down 3.1%, with VIX up 23.7%. Fresh October 30 downgrades from Barclays, Cantor Fitzgerald, Bernstein, and Jefferies kept pressure on the stock, while scrutiny around DoorDash's proposed $17 billion acquisition added uncertainty. The stock's mixed peer tape points to a company-specific secondary drag alongside the market selloff.