Why Waitr Holdings Stock Dropped 12% Today

The stock of restaurant food delivery company Waitr Holdings (NASDAQ: WTRH) had tumbled 11.7% at 10:45 a.m. EST on Tuesday after it missed on earnings in its fourth-quarter report.

Expected to earn $0.04 per share on $51.4 million in sales last quarter, Waitr reported Monday night after close of trading that its earnings were only $0.02 per share, and its sales only $46.8 million.  

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Source Fool.com