Prediction: This Is a Great Opportunity to Buy Toast Stock After Unintentional Price Cut

Shares of Toast (NYSE: TOST) slid sharply last month after an analyst note from a Baird analyst on Sept. 22 pointed out that the company had slashed prices on some of its basic restaurant software packages by as much as 58%. Investors have recently become worried about increased competition in the space, and this news validated their concerns. However, the price cuts apparently turned out to be news to the folks at Toast, too -- and not intentional. Once the company realized that the prices on its website had been lowered, it quickly restored them to previous levels. In fact, a few packages are now slightly more expensive than before.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool