WTRH - Waitr Holdings Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
0.3527
-0.0186 (-5.01%)
At close: 4:00PM EST
Stock chart is not supported by your current browser
Previous Close0.3713
Open0.3750
Bid0.0000 x 34100
Ask0.4107 x 800
Day's Range0.3450 - 0.3900
52 Week Range0.2130 - 14.7700
Volume840,881
Avg. Volume1,330,450
Market Cap26.994M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Bite Squad parent drops drivers in switch to gig-worker model
    American City Business Journals

    Bite Squad parent drops drivers in switch to gig-worker model

    The parent company of Bite Squad plans to lay off the food-delivery service’s employee drivers within the next six weeks, intending to convert them into independent contractors. Based in Minneapolis, Bite Squad was purchased in 2019 for $321 million by Waitr Holdings Inc. (Nasdaq: WTRH) of Lafayette, La. The company previously announced plans to lay off about 2,300 drivers in Louisiana in an effort to convert those employees to independent contractors, and Waitr spokesperson Dean Turcol confirmed Tuesday that the company is planning to do the same with its Bite Squad drivers in Minnesota.

  • Food ordering, delivery platform with Houston ties sees CEO shakeup
    American City Business Journals

    Food ordering, delivery platform with Houston ties sees CEO shakeup

    A Louisiana-based food ordering and delivery platform with ties to Houston billionaire Tilman Fertitta recently saw a shakeup in its C-suite. Adam Price resigned as CEO of Lafayette, Louisiana-based Waitr Holdings Inc. (Nasdaq: WTRH) on Dec. 27, 2019, according to a Jan. 3 filing with the U.S. Securities and Exchange Commission. In August, Price assumed leadership duties from Chris Meaux, founder and former CEO of Waitr, who became chairman of the board of directors.

  • Waitr Holdings Inc. (WTRH) Is Burning These Hedge Funds
    Insider Monkey

    Waitr Holdings Inc. (WTRH) Is Burning These Hedge Funds

    We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]

  • Uber’s free-wheeling era of growth is coming to an end
    Quartz

    Uber’s free-wheeling era of growth is coming to an end

    Uber never managed to turn a reliable profit in a decade of loose oversight. Things will get even tougher as regulations crack down.

  • Thomson Reuters StreetEvents

    Edited Transcript of WTRH earnings conference call or presentation 7-Nov-19 10:00pm GMT

    Q3 2019 Waitr Holdings Inc Earnings Call

  • New Bite Squad owner cuts dozens from Twin Cities staff as ex-leaders depart
    American City Business Journals

    New Bite Squad owner cuts dozens from Twin Cities staff as ex-leaders depart

    Waitr Holdings, the Louisiana company that acquired Minneapolis-based online restaurant-delivery service Bite Squad a year ago for $321 million, is making deep cuts to its Twin Cities staff.

  • Is Waitr Holdings Inc. (WTRH) Is Burning These Hedge Funds
    Insider Monkey

    Is Waitr Holdings Inc. (WTRH) Is Burning These Hedge Funds

    Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the second quarter. You can find write-ups about an individual hedge fund's trades on numerous financial […]

  • The Zacks Analyst Blog Highlights: Grubhub, Uber, Waitr and McDonald's
    Zacks

    The Zacks Analyst Blog Highlights: Grubhub, Uber, Waitr and McDonald's

    The Zacks Analyst Blog Highlights: Grubhub, Uber, Waitr and McDonald's

  • Grubhub Banks on Partnerships to Steer Away Competition
    Zacks

    Grubhub Banks on Partnerships to Steer Away Competition

    Grubhub's (GRUB) expanding partner base and aggressive acquisition strategy are likely to help it effectively counter stiff competition from DoorDash, Uber and Waitr.

  • Insiders Roundup: Facebook, Avalara
    GuruFocus.com

    Insiders Roundup: Facebook, Avalara

    Largest insider trades of the week Continue reading...

  • Is the Options Market Predicting a Spike in Waitr (WTRH) Stock?
    Zacks

    Is the Options Market Predicting a Spike in Waitr (WTRH) Stock?

    Investors need to pay close attention to Waitr (WTRH) stock based on the movements in the options market lately.

  • Did Waitr Holdings Inc. (NASDAQ:WTRH) Insiders Buy Up More Shares?
    Simply Wall St.

    Did Waitr Holdings Inc. (NASDAQ:WTRH) Insiders Buy Up More Shares?

    We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...

  • Thomson Reuters StreetEvents

    Edited Transcript of WTRH earnings conference call or presentation 8-Aug-19 9:00pm GMT

    Q2 2019 Waitr Holdings Inc Earnings Call

  • Waitr Holdings Inc. (WTRH) Q2 2019 Earnings Call Transcript
    Motley Fool

    Waitr Holdings Inc. (WTRH) Q2 2019 Earnings Call Transcript

    WTRH earnings call for the period ending June 30, 2019.

  • Why Farfetch, Waitr Holdings, and Nektar Therapeutics Slumped Today
    Motley Fool

    Why Farfetch, Waitr Holdings, and Nektar Therapeutics Slumped Today

    Find out why these stocks stood out on a down day for the markets.

  • Uber Stock Owners: Be Very Afraid of What Square Just Did
    InvestorPlace

    Uber Stock Owners: Be Very Afraid of What Square Just Did

    Last week, DoorDash, one of America's largest food delivery companies, announced that it was buying Square's (NYSE:SQ) food delivery business, Caviar. Incredibly, DoorDash is paying just $410 million for Caviar. This is terrible news for Uber Technologies, Inc. (NYSE:UBER) and other companies in the food delivery space.Source: Shutterstock It adds to a series of other problems Uber has been having lately. These include permit issues in London, layoffs, and a report suggesting that ride-sharing services make traffic congestion worse. There's a lot going on with UBER stock and Uber stock price, and it's not good news. A Fire SaleIf you're tempted to dismiss the importance of this situation, think again. Caviar was supposed to be a nice opportunity for Square. Analysts had modeled Caviar and Square's food platform as a meaningful value driver in coming years. Since announcing the Caviar sale last week, SQ stock has plummeted from $81 to just $64.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat's because Square ended up dumping Caviar for just $410 million. That's peanuts. In fact, it was less than 2% of Square's market cap. Industry leader GrubHub (NASDAQ:GRUB) is valued at more than $6 billion. What can we take away from this? * 10 Stocks to Buy on the Trade War Dip Square was willing to give Caviar away for next to nothing simply to stop the bleeding. Square had previously tried to sell Caviar in 2016 but couldn't find a buyer at an agreeable price. Reportedly Square wanted to get rid of Caviar due to its excessive losses, and apparently decided it was finally time to bite the bullet and dump the property. Square didn't report Caviar's financials separately, so we don't know just how bad the overall financial performance was. Uber Stock: Public Versus Private Company DynamicsSquare's move to unload Caviar at any price is another demonstration of an important economic theme at the moment. If you're a private company funded with venture capital money, you can do anything you want right now. Want to buy millions of electric scooters that will end up inevitably getting thrown in dumpsters and lakes? Not a problem. Companies like Bird and Lime have gotten plenty of VC funding despite an absurd business model.But if you're Uber, you probably don't want to go into electric scooters to compete. Why's that? Because public investors actually care about profits and losses. Call them old-fashioned if you wish, but the public markets still look at business metrics other than the revenue growth rate. Square proved this by dumping a fast-growing business for barely any consideration at all.Square showed that a business that is losing gobs of money with no signs of imminent improvement is effectively less-than-worthless. It was better to get out altogether than keep taking losses, regardless of how much revenue it brought into Square overall.Uber stock may find that it faces similar problems in the new businesses that it has been trying to launch. When you're competing with venture capital folks who are willing to run massive losses indefinitely, it's hard for a company that is accountable to public shareholders to compete. What Becomes of Uber Eats?It's worth asking if investors have built too much optimism into UBER stock because of its ownership position in Uber Eats. Publicly-traded industry leader GrubHub has gotten walloped. GRUB's stock has lost half its value over the past year. Meanwhile, we saw what happened to Square stock last week as they announced the Caviar sale.Other competition is floundering as well. Smaller rival Waitr (NASDAQ:WTRH), which focuses on delivery in smaller urban areas, has gotten smashed. The stock has lost nearly two-thirds of its value recently, and will likely lose more going forward. If Caviar is only worth $310 million, is Waitr still worth $300 million? Almost certainly not. All these falling stock prices will make Uber stock owners question their valuations for the Uber Eats part of the business going forward. UBER Stock VerdictUBER stock investors already had reason to be nervous. Last week, Uber announced the layoffs of 400 members of its marketing team. And Uber didn't limit the cuts to the United States. It fired employees in places as far-flung as Colombia and Ghana. This is not a good sign at all, as Uber needs international growth to distinguish itself, particularly as long as Lyft (NASDAQ:LYFT) remains a pesky rival in the core American market.And now Square's efforts to dump Caviar call into question the value of Uber Eats. Square stock has long been highly-valued on the basis of future growth potential. That's just like UBER stock. Square's management just gave you a loud clear sign that it needs to focus on profits rather than revenue growth and the stock market reacted by furiously unloading Square's stock.If Uber goes down a similar path - and firing marketing employees is a troubling sign - it will greatly curtail Uber's blue sky potential going forward. I believe UBER stock has potential for long-term investors willing to endure a few years of losses. But if the market forces the company to pivot to profitability now, it could come at the loss of huge future markets such as food delivery and effect UBER stock price.At the time of this writing, Ian Bezek held no positions in any of the aforementioned securities. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy on the Trade War Dip * The 5 Highest-Rated Dow Stocks Right Now * 4 Cybersecurity Stocks to Buy for Long-Term Gains The post Uber Stock Owners: Be Very Afraid of What Square Just Did appeared first on InvestorPlace.

  • Grubhub Loses #1 Spot in US Online Food Delivery Market
    Zacks

    Grubhub Loses #1 Spot in US Online Food Delivery Market

    Grubhub (GRUB) loses its top position in the U.S. online food delivery market to its nearest competitor DoorDash, per a recent report by Second Measure.

  • Hedge Funds Have Never Been This Bullish On Waitr Holdings Inc. (WTRH)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On Waitr Holdings Inc. (WTRH)

    At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we've gathered as a result gives us access to a wealth of collective knowledge based on these firms' portfolio holdings as of March 31. In this […]

  • What Kind Of Shareholders Own Waitr Holdings Inc. (NASDAQ:WTRH)?
    Simply Wall St.

    What Kind Of Shareholders Own Waitr Holdings Inc. (NASDAQ:WTRH)?

    The big shareholder groups in Waitr Holdings Inc. (NASDAQ:WTRH) have power over the company. Large companies usually...

  • GrubHub (GRUB) Stock Rises as News Hits of Amazon (AMZN) Restaurants Closing
    Zacks

    GrubHub (GRUB) Stock Rises as News Hits of Amazon (AMZN) Restaurants Closing

    Shares of GrubHub (GRUB) popped today, closing slightly above 8% on news that Amazon.com???s (AMZN) food delivery competitor Amazon Restaurants was shutting down operations

  • Waitr wants to take a bite out of Uber Eats
    Yahoo Finance

    Waitr wants to take a bite out of Uber Eats

    Waitr wants to give Uber Eats a run for its money.

  • Moving Average Crossover Alert: Waitr
    Zacks

    Moving Average Crossover Alert: Waitr

    Waitr Holdings Inc. (WTRH) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

  • Why Uber Eats has nothing on this smaller rival
    Yahoo Finance Video

    Why Uber Eats has nothing on this smaller rival

    The online food delivery industry is expected to reach $24.4 million by 2023 as companies like Uber, Grubhub and Waitr Holdings continue to compete for shareholders attention. Chris Meaux, the Waitr CEO, tells Yahoo Finance that his online food delivery company can reach profitability, if needed, "quicker than any other company in our space."