Toast Trading Volume Drops 38.15% to $246 Million, Slips to 340th in Rankings

On June 6, 2025, Toast (TOST) experienced a significant increase in trading volume, with a total turnover of $246 million, marking a 38.15% decrease from the previous day. This placed Toast at the 340th position in the day's stock market rankings. The stock price of Toast rose by 2.78%, marking the third consecutive day of gains, with a total increase of 5.72% over the past three days.

On June 5, 2025, Toast saw a significant surge in trading volume, with a total turnover of $398 million. This surge placed Toast at the 240th position in the day's stock market rankings. The stock price of Toast rose by 2.34%, marking the second consecutive day of gains.

Truist Securities initiated coverage of Toast with a Buy recommendation on June 2, 2025. This move is likely to have a positive impact on the stock, as it signals confidence in the company's future performance. The recommendation comes at a time when several major investors have been adjusting their holdings in Toast.

Capital International Investors increased its stake in Toast, holding 44,588K shares, up from 41,961K shares in the previous filing. This represents an increase of 5.89% in the number of shares held and a 1.22% increase in portfolio allocation. Similarly, Price T. Rowe Associates increased its holdings to 23,454K shares from 19,964K shares, a 14.88% increase. However, the firm decreased its portfolio allocation in Toast by 44.14% over the last quarter.

AGTHX - GROWTH FUND OF AMERICA also increased its holdings in Toast, now holding 23,722K shares, up from 22,903K shares. This represents a 3.45% increase in the number of shares held, but a 5.76% decrease in portfolio allocation. PRNHX - T. Rowe Price New Horizons Fund increased its holdings to 15,547K shares from 13,446K shares, a 13.51% increase, and increased its portfolio allocation by 29.47%. T. Rowe Price Investment Management also increased its holdings to 15,520K shares from 14,437K shares, a 6.98% increase, and increased its portfolio allocation by 4.91%.