- 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.
The Crash In PAR Technology Is Overdone
April 7th, 2020 · No Comments