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, 8×8 EGHT and Five9 FIVN. Over the same time frame, Innovid shares have soared 102.7%, while 8×8 and Five9 shares have lost 18.3% and 47.6%, respectively.
TOST’s strong performance can be attributed to its expanding product offerings, improving market share, and…
