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Toast’s stock heats up on sales jump

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Toast Inc.’s stock popped higher in after-hours trading Thursday after the company posted strong quarterly sales.

The cloud-based restaurant-management software company TOST reported a fiscal fourth-quarter net loss of $36 million, or 7 cents a share, compared with a net loss of $99 million, or 19 cents a share, in the same quarter a year ago.

Revenue…

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