Why Waitr Holdings Stock Sank Today

·2-min read
Why Waitr Holdings Stock Sank Today

Shares of on-demand food delivery service Waitr Holdings (NASDAQ: WTRH) are tanking today, but unless they bought the stock yesterday, shareholders probably don't mind much. As of 1:15 p.m. EDT, Waitr Holdings shares were still down 11%. On Oct. 12, Morgan Stanley (NYSE: MS) disclosed a more than 10% stake in Waitr in a Securities and Exchange Commission (SEC) filing.

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