Toast, a company whose products are now being used at over 48,000 restaurant locations, made its market debut on the NYSE on Wednesday and surged a whopping 56%. The IPO valued the restaurant-tech company at $20 billion. Toast raised about $870 million in its IPO, selling shares at $40 each. The company had previously said … Continue reading “Toast Explodes on its NYSE Debut After IPO Valued Company at $20B”
