Toast Stock Price Increases 131% YTD: Is There Still Room to Jump?

Toast (TOST) shares have skyrocketed 131.1% year to date, outperforming the Zacks Computer and Technology sector’s appreciation of 29.8% and the Zacks Internet Software industry’s return of 35.1%.TOST shares have outperformed industry peers like Innovid (CTV) , 8x8 (EGHT) and Five9 (FIVN) . Over the same time frame, Innovid shares have soared 102.7%, while 8x8 and Five9 shares have lost 18.3% and 47.6%, respectively.TOST’s strong performance can be attributed to its expanding product offerings, improving ma ...