Despite layoffs, the company's stock rose nearly 5% after Q4...
Despite layoffs, the company's stock rose nearly 5% after Q4 results were announced. The performance and future outlook, including a significant Y/Y increase in full year 2024's adjusted EBITDA, may have spurred this positive market reaction.
Toast Confirms Laying off 550 Workers, Stock Rebounds After Hours on Quarterly Results
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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