Waitr hits over 3-month high on delivery deal with Burq

Waitr Holdings

08/07/2022 19:41

** Shares of online ordering technology platform Waitr
Holdings  WTRH.O  jump ~63% in afternoon trade to 39 cents,
their highest level since late March
    ** Waitr shares now up 56% at 36 cents in afternoon trade
    ** Co partners with software logistics delivery provider
Burq that will allow deliveries from several new retail
industries  urn:newsml:reuters.com:*:nBw9LwsDfa
    ** Under the agreement, WTRH will begin delivery from
retailers in areas such as apparel, fashion, luxury, and
sporting goods
    ** Burq deal is the second major retail delivery partnership
announced by WTRH in recent days
    ** Including the day's session so far, WTRH shares down ~51%
YTD

 (Reporting by Aatrayee Chatterjee in Bengaluru)
 ((Aatrayee.Chatterjee@thomsonreuters.com;))