🔴 TOST is trading 4% down today as profit-taking continues post-earnings

TOST is trading at $24.05 (-4.01%) as profit-taking continues to weigh on the stock following its recent earnings announcement.

• The decline follows a sharp -14.74% drop on May 8, where shares fell from $29.38 to $25.05 despite a beat-and-raise quarter.
• Management recently increased its 2026 recurring gross profit guidance to a range of $2.29B–$2.32B.
• No new company-specific news was released today; the broader market is slightly higher with the S&P 500 up 0.17%.