Restaurant-software maker Toast valued at nearly $33 billion as shares surge in debut

Restaurant-software maker Toast valued at nearly $33 billion as shares surge in debut

3 years ago
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https://www.reuters.com/article/toast-ipo/restaurant-software-maker-toast-valued-at-nearly-33-billion-as-shares-surge-in-debut-idUSKBN2GI1L2

(Reuters) -Toast Inc fetched a valuation of nearly $33 billion in its New York Stock Exchange debut on Wednesday, as shares of the restaurant software provider jumped 63%, underscoring a deep investor appetite for new tech stocks.