WAITR Stock Plunges After Earnings Shortfall
A tumbling stock price appears to be the latest blow to Louisiana-based WAITR. The company's current market valuation has dropped by approximately $775 million dollars in just five months. Last week, founder and CEO Chris Meaux stepped down at the company. The company has come under fire recently for changing its agreement with restaurants. Some restaurants have pushed back, saying it is too restrictive and will ultimately cost too much.