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Stock impact report

The secret to securing an elusive reservation at some of the most in-demand restaurants may just be applying for an American Express card [Fortune]

Squarespace, Inc. Class A (SQSP) 
Company Research Source: Fortune
The company, which bought reservation app Resy in 2019, struck an all-cash deal to acquire Tock , another reservation app previously owned by Squarespace. The latest acquisition will give Amex influence over a portfolio of 7,000 restaurants and other bookable entertainment experiences listed on Tock. The company already gives cardholders special table access not available to the general public through Resy. Some of its highest-paying customers, including those with the American Express Platinum and Delta Skymiles Reserve cards, are eligible for the company's Global Dining Access program that can get them exclusive reservations at the best times, preferential notifications when tables open up, and access to special dining experiences from notable chefs. With the new acquisition, American Express wants to offer more choices to its cardholders, who spent $100 billion at restaurants in 2023, according to the company. “Now, we can connect even more premium customers with the most ex Show less Read more
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