Toast Stock Pops 15% as Restaurant Software Firm Swings to a Profit

Key TakeawaysToast swung to a profit in the third quarter, sending shares up nearly 15% Friday.The restaurant management software company also lifted its full-year forecast.With Friday's gains, the stock has doubled in value since the start of the year. Toast (TOST) shares jumped nearly 15% Friday after the restaurant management software company reported third-quarter results that topped estimates and boosted its outlook. The company swung to a third-quarter profit of $56 million or 7 cents per share, comp ...