Why Toast Stock Jumped 15% Today
TOSTToast(TOST) The Motley Fool·2024-05-09 03:40

Check out how Toast's earnings influenced the stock's double-digit percentage jump on Wednesday. Shares of Toast (TOST 13.63%) soared 15.1% higher on Wednesday morning, spiced up by a tasty first-quarter earnings report. By 3 p.m. ET, the stock had cooled down somewhat to a 13.6% one-day gain. A closer look at Toast's first-quarter financials In the first quarter of 2025, Toast, which sells restaurant management software, reported a net loss of 0.15pershareandrevenueof0.15 per share and revenue of 1.08 billion. The average Wall ...