TOST is trading at $22.98 (-5.02%) following a downgrade from Rothschild & Co from Buy to Neutral announced today.

  • The downgrade accelerates a sharp reversal from the company's May 7 earnings report; while the stock initially gained 3.78%, it has since declined 14.74% since May 8.
  • Shares are down 41.57% over the past year, reflecting persistent investor concerns despite management raising full-year guidance for recurring gross profit and Adjusted EBITDA.