TOST is trading at $30.33 (+4.19%) after the company announced a new partnership with Preferred Hotels & Resorts.
- The company has entered into an alliance partnership with Preferred Hotels & Resorts, which is described as the world's largest independent hotel brand. [6, 7]
- This news provides a clear catalyst for the stock's move ahead of its upcoming earnings report, which is scheduled for May 7. [1, 3, 5]
- The stock is significantly outperforming the broader market, with the S&P 500 down approximately 0.05% and the Nasdaq flat.