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0 0 -0.00275229357798176 -0.00214067278287463 0.00122324159021404 0.000917431192660585 -0.00122324159021404 0.0011865443425077
Stock impact report

Toast, Shift4 lead drop in fintechs as investors exit stocks tied to consumer spending [CNBC]

Toast, Inc. (TOST) 
Company Research Source: CNBC
Companies tied to consumer and small business spending, like Shift4 and Toast, have been hit hard as President Trump's economic policy raises concerns about consumer strength. A screen displays the company logo for Toast Inc. during the company's initial public offering at the New York Stock Exchange in New York City on Sept. 22, 2021. Economic concerns are hitting the stock market broadly, but they're having an outsized impact on fintech companies that are tied closely to consumer spending and small and medium-sized businesses. While the Nasdaq fell 2.1% on Thursday, putting the tech-heavy index on pace for its worst week since September, shares of and suffered much steeper drops, losing 6.7%, 6.2% and 4%, respectively. disjointed Read more
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