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Toast ($TOST) shares fell 9.8% during an investor day, the largest drop since November. Despite the decline, the company raised its long-term margin target to 40%+. The market initially responded positively to the Investor Day.
Taking a quick loss on $Tost as it disappoints breaking the 50day ma on big volume. Moving on. https://t.co/T1YSuhvw9F
Toast $TOST slumps on Investor Day updates https://t.co/UitEBCUeix https://t.co/syHPQhRs6R
Market is loving $TOST Investor Day so far…🙄 https://t.co/np7tn7AejN https://t.co/30LMCJutw2