🔴 TOST extends post-earnings slide, down 4% despite Cathie Wood buying the dip

TOST is trading at $23.98 (-4.25%), continuing its decline after a major post-earnings selloff on Friday.

• The slide follows Friday's -14.74% drop, which was triggered by weak Q2 guidance that overshadowed a Q1 earnings beat and raised full-year outlook.
• On May 11, it was reported that Cathie Wood's Ark Invest purchased TOST shares during Friday's steep decline, adding a significant new factor for investors to consider.