The stock is now down 32 from all-time highs. Shares of Canadas fintech heavyweight Lightspeed Commerce continued to underperform the broader markets as it fell close to 5 in the last week.
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Lightspeed Commerce stock rebounded 10 last week a feat after falling from the short-seller report that sent shares tumbling a.
Lightspeed Commerce. Lightspeed is building community through commerce. It brings together an innovative POS contactless integrated payments online ordering advanced inventory and analytics to create a powerful hospitality platform for running a smarter more. Spruce Point Capital Management believes that Lightspeed Commerce overinflated its business ahead of its IPO.
Business types Retail Apparel Bike Electronics Home Decor Jewellery Pet Sporting Goods Toy Vape Wine and liquor Gift Shop Other Restaurant Casual Dining Pub Bar Quick Service Cafe Bakery Hotel Fine Dining Multi-location Other Golf Multi-Course Municipal Private Public Resorts. It seems Lightspeed Commerce may be down but not out. Lightspeed Commerce jumped by 5 in early morning trading after the company announced its new Lightspeed Restaurant platform.
The platform aims to bring restaurants into a post-pandemic world. Lightspeed helps you run your business regardless of whether you have a store restaurant or eCommerce business. Founded in 2005 by Dax Dasilva Lightspeed offers a cloud-based point-of-sale POS and commerce software and has focused on creating an omnichannel experience to combine in-store and online for small businesses.
Lightspeed has launched a newly updated e-commerce product built on the integration of its acquisition of Ecwid. That includes overstating customer. Find out more about the one-stop commerce platform helping merchants build thriving businesses for the future.
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