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Down More Than 40% From Its High, Is Toast Stock a Buy?

TheMotleyFool

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Down More Than 40% From Its High, Is Toast Stock a Buy?: https://g.foolcdn.com/editorial/images/756921/family-eating-at-a-restaurant.jpg

Toast (NYSE: TOST) went public a little over two years ago. It has been a rough ride as its shares are down 75% since then. And today, the stock is down more than 40% from its 52-week high of $27.

The company's point-of-sale devices help simplify operations for restaurants. Not only does it help to process transactions but it also integrates with marketing activities and makes scheduling easy. And with the business in its early growth stages, there's still lots of room for Toast to grow in the future.

Is the company worth investing in despite the stock's disappointing performance?

Source Fool.com

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