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Olo Inc., known for its digital presence in the restaurant industry, swallowed a bitter pill, falling over 30% post-earnings. The same day Olo reduced its revenue forecast and indicated its struggles, its direct competitor Toast had a blowout quarter and skyrocketed. Olo also lost...
Toast is a category leader offering a broad portfolio of software and payment solutions for the restaurant industry. Vertical SaaS is a powerful ongoing trend. Just as the cloud unlocked new use cases for horizontal software, we are seeing software and payments being embedded to solve...
The law firm of Kirby McInerney LLP is investigating potential claims against Olo, Inc. (“Olo” or the “Company”) (NYSE: OLO ). The investigation concerns whether Olo has violated the federal securities laws and/or engaged in other unlawful business pr...
Tiger Global Management, the hedge fund owned by billionaire Chase Coleman, took new positions in Alphabet ( NASDAQ: GOOGL ), acquiring 110.4K shares, Zillow ( NASDAQ: Z ) with 226K shares and Samsara ( IOT ) with 4.64M shares during the second quarter, it disclose...
Gainers: Embark Technology ( EMBK ) +80% . ADDvantage Technologies Group ( AEY ) +35% . Everspin Technologies ( MRAM ) +36% . Pineapple Energy ( PEGY ) +25% . Vacasa ( VCSA ) +22% . Losers: CS Disco ( LAW ) -52% ....
Shares of restaurant online ordering platform Olo (NYSE: OLO) dropped like a rock on Friday, after the company lowered its revenue guidance for the remainder of 2022. As of 11:30 a.m. ET, Olo stock was down a whopping 33% and is down more than 80% from its all-time high. Olo's r...
SAN DIEGO, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP ( www.JohnsonFistel.com ) is investigating whether Olo Inc. (“Olo” or the “Company”) (NYSE: OLO ), any of its executive officers, or others violated securitie...
Shares of Olo Inc ( NYSE: OLO ) opened about 30% down on Friday after the restaurant technology company disappointed both on Q2 results and future guidance. Stifel downgrades Olo shares to ‘hold’ Sentiment worsened further after a Stifel analyst said the sell-o...
Olo ( OLO ) -32% on Q2 earnings release . CS Disco ( LAW ) -32% on Q2 earnings release . Co-Diagnostics ( CODX ) -30% on Q2 earnings release . Smith Micro Software ( SMSI ) -21% on Q2 earnings release . Illumina ( ILMN ) ...
Electric vehicle maker Fisker ( FSR ) received significant attention in Friday's premarket trading. Shares advanced after the company signaled strong demand. Payoneer GlobAl ( PAYO ) also exhibited strength before the opening bell, rising in the wake of its quarterly report. Ear...
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Nineteen enhancements launched to help brands increase orders, streamline operations, and improve guest experiences Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced Loyalty for Borderless Accounts, a new feature that allows guests to earn, redeem, and u...
Olo Inc. (NYSE: OLO), a leading restaurant technology provider, today announced that it will report its second quarter fiscal year 2024 financial results after the U.S. financial markets close on Wednesday, July 31, 2024. In conjunction with this announcement, Olo will host a conference call ...