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Posted
Toast Inc, a Boston-based company that provides cloud-based restaurant software, is in talks to conduct an initial public offering. We'll update this page as new information becomes available.
Toast has hired Goldman Sachs Group and JPMorgan Chase to conduct the IPO, which could value the company at $20 billion.
Toast raised $400 million in a funding round last February that valued the company at about $4.9 billion.
No further details have been released.
Once Toast Inc goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
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It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Toast Inc can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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