2024-01-05 11:39:47 ET
Shares of restaurant technology company Toast (NYSE: TOST) went up 22.8% in December, according to data provided by S&P Global Market Intelligence . Many of Toast's peers also went up by a similar amount during December, showing that the market was smiling upon almost all these businesses and not just Toast.
The performance of Toast stock can be compared to that of a financial technology (fintech) exchange traded fund (ETF) such as the Global X FinTech ETF . It can also be compared to that of similar companies such as Shift4 Payments and Block , the latter of which Toast considers its top competitor .
As the chart below shows, Toast's performance largely mirrors that of the others.
For further details see:
Why Toast Stock Went Up 23% in December