Toast stock gets burned as company reverses course on controversial fee

📆 20/07/2023 00.40.00
📰 MarketWatch

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The company said it was doing away with a 99-cent order-processing fee that drew pushback from customers.

Shares of Toast Inc. were tumbling nearly 10% in morning trading Wednesday after the restaurant-technology company said it was doing away with a 99-cent order-processing fee that drew pushback from customers.

... Shares of Toast Inc. were tumbling nearly 10% in morning trading Wednesday after the restaurant-technology company said it was doing away with a 99-cent order-processing fee that drew pushback from customers. From the Moneyist: If a restaurant adds a 20% tip, am I obliged to pay? Should tipping not be optional?

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