Week to date, shares of Toast (NYSE: TOST) were down 20% through the market close on Thursday, according to data provided by S&P Global Market Intelligence. Toast said revenue grew 37% year over year, and it even reported a narrowing net loss on the bottom line. Gross payment volume (GPV) grew 34% over the year-ago quarter, but in explaining the revised guidance, management noted that GPV per location was trending down in September and that continued into October.
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