HomeLifestyleFood & BeverageToast (TOST) Removes Controversial Processing Fee

Toast (TOST) Removes Controversial Processing Fee

Toast (TOST) will remove the $0.99 order processing fee from online ordering channels. The Toast CEO noted, "We made the wrong decision and following a careful review, including the additional feedback we received, the fee will be removed." Jeff Pierce joins Alex Coffey and Jenny Horne to discuss TOST as the company does not expect this decision to have any material impact to previously announced guidance. TOST hit 52-week high on Tuesday. Tune in to find out more about the stock market today.

Next Gen Investing

19 Jul 2023

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