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Waitr Holdings Inc (WTRH) Stock: What Does the Chart Say Thursday?

Thursday, June 30, 2022 12:18 PM | InvestorsObserver Analysts

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Waitr Holdings Inc (WTRH) Stock: What Does the Chart Say Thursday?

The market has been down on Waitr Holdings Inc (WTRH) stock recently. WTRH gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Waitr Holdings Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on WTRH!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With WTRH Stock Today?

Waitr Holdings Inc (WTRH) stock is flat 2.2% while the S&P 500 is down -0.89% as of 11:57 AM on Thursday, Jun 30. WTRH is unmoved $0.00 from the previous closing price of $0.15 on volume of 2,577,655 shares. Over the past year the S&P 500 has fallen -11.81% while WTRH is down -92.15%. WTRH lost -$0.52 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Waitr Holdings Inc click here.

More About Waitr Holdings Inc

Waitr Holdings Inc provides a restaurant platform for online food ordering and delivery services across the United States. It partners with independent local restaurants and regional and national chains in small and mid-size markets. The company provides an online platform for consumers to order food from restaurant partners for pick-up and delivery through a network of drivers. This platform benefits the consumer by providing a single location to browse local restaurants and menus, track order and delivery status, and securely store previous orders and payment information for ease of use and convenience. Click Here to get the full Stock Report for Waitr Holdings Inc stock.

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