Bronstein, Gewirtz & Grossman, LLC Notifies Toast, Inc. (TOST) Investors of Investigation

NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of investors of Toast, Inc. (“Toast” or “the Company”) (NYSE: TOST). Toast investors are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/tost.

The investigation concerns whether Toast violated federal securities laws.

On or around September 22, 2021, Toast conducted its initial public offering (“IPO”), selling over 21.7 million shares priced at $40.00 per share. Then, on February 16, 2023, Toast issued a press release announcing its financial results for the fourth quarter and full year 2022. Among other items, Toast reported earnings per share of -$0.19, missing consensus estimates by $0.01. On this news, Toast’s stock price fell $5.93 per share, or 22.84%, to close at $20.03 per share on February 16, 2023.

If you are aware of any facts relating to this investigation or purchased Toast shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/tost. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.