Cathie Wood Has Been Buying a Lot of Toast Stock. Should You?

By Neil Rozenbaum – Nov 20, 2023 at 11:15AM

NYSE: TOST

Toast

Market Cap

$13B

Today's Change

(3.42%) $0.79

Current Price

$23.91

Price as of April 26, 2024, 4:00 p.m. ET

The stock is down 50% from this year's highs, and Ark Invest has been buying a lot of shares.

In this video, I will be talking about the current state of Toast (TOST 3.42%), the recent earnings report, comments from two analysts, and why the stock is down.

*Stock prices used were from the trading day of Nov. 20, 2023. The video was published on Nov. 20, 2023.

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool recommends Toast. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.