The Ingredients of Toast's Tasty 29% Rise in February

Shares of Toast (TOST 4.29%) gained a tasty 29.4% in February 2024, according to data from S&P Global Market Intelligence. The provider of cloud-based tools and supporting hardware for restaurant management services erased about five months of bearish market action by means of a fantastic earnings report.Analyzing Toast's holiday quarter by the numbersToast's stellar gains hinged on its fourth-quarter earnings report on Feb. 15, which inspired a 17% price gain the next day.The average Wall Street analyst ha ...