Toast, Shift4 lead drop in fintechs as investors exit stocks tied to consumer spending
1. Fintech stocks, including Shift4, have faced significant declines due to volatility. 2. Shift4's stock dropped 19% this year, reflecting broader market concerns. 3. Toast's recent decline of 15% contrasts with its earlier profitability surge. 4. Economic volatility and tariff threats are significantly impacting consumer-focused firms.