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Watching the Tune: What Happens to Waitr Holdings Inc. [WTRH]

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From records, we will examine various other forwards or backward-moving developments regarding Waitr Holdings Inc. (Nasdaq: WTRH)which shrank by 23.72 percent over the past 30 business days. The stock dropped -8.28 percent in the previous quarter at one point. Over the six-month closing period, the output of the stock decreased by -28.12% while overall output increased by 697.33 percent. The performance of the company has improved by 7.5% since the beginning of this calendar year.

Recent Highlight

March 05, 2021, The Waitr Group, Inc., (Nasdaq: WTRH) announced today that the Company had reached an agreement with Flow Payments to form a partnership to create a reliable infrastructure for marijuana dispensaries.

This partnership is expected to incorporate Waitr’s unique access to specific partnerships and payment processing solutions, as well as Flow Payments’ proprietary delivery technology and assets. As a result of this combination, a specialized network platform will facilitate the sale and delivery of cannabis while following all federal and state directives.

This opportunity with Flow Payments is an example of how we are expanding Waitr’s offering by entering new market verticals through integrated payment and delivery solutions,” said Carl Grimstad, CEO of Waitr and Chairman of the Board. While the regulatory framework surrounding the cannabis industry within the United States continues to evolve, we see this as another natural step in the evolution of our own company and its ability to deliver value to its shareholders

Company Info.

A leader in on-demand food ordering and delivery, Waitr Holdings Inc. (Nasdaq: WTRH)was founded in Lafayette, Louisiana in 2013. Restaurants and grocery stores are served in underserved U.S. markets by Waitr and its sister company, Bite Squad.

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