3 Must-Know Facts About Toast Before You Buy the Stock

Shares of this software enterprise are well below their all-time high. Hitting the public markets in September 2021 was probably poor timing for Toast (TOST -3.38%). Shares were up in the first few weeks following the initial public offering (IPO). However, they have cratered since then. Shares of this software-as-a-service business currently trade 62% off their all-time high, now at a compelling price-to-sales ratio of 3.1. This might be all the convincing that investors need to buy the stock. But before y ...