Down 53%, Is It Time to Buy This Growth Stock?

Shares of this software enterprise have surged 70% just this year.With the prospect of the Federal Reserve embarking on a path of lowering interest rates in the near term, investors might be eyeing businesses that have better growth prospects as a result. Toast (TOST 1.62%) certainly falls into this category.Since its initial public offering in late 2021, shares of the restaurant technology specialist have struggled and are currently off by 53% from their all-time high, which was established in November 202 ...