shareholdersunite.com

Opportunities in smallcaps

shareholdersunite.com header image 2

The Crash In PAR Technology Is Overdone

April 7th, 2020 · No Comments

  • The shares of Par Technology crashed from $34 to below $10 in short order on the worsening pandemic shutting down much of its customers.
  • However, there is some compensation from Drive Thru and delivery, and a case can be made that restaurants now need a sophisticated POS system more than ever.
  • The company was also fortunate getting $115M at the top of the market, so there are no immediate cash worries.

Source: The Crash In PAR Technology Is Overdone (NYSE:PAR) | Seeking Alpha

Tags: PAR