Benzinga | Nov 18, 2020 03:29PM EST

Why Waitr's Stock Is Trading Higher Today

Waitr Holdings (NASDAQ:WTRH) shares are trading higher on Wednesday after a company director disclosed the purchase of 266,113 shares at $2.75 per share.

Waitr Holdings provides restaurant platform for online food ordering and delivery services across the United States. It partners with independent local restaurants and regional and national chains in small and mid-size markets. The company provides an online platform for consumers to order food from restaurant partners for pick-up and delivery through a network of drivers.

Waitr Holdings shares were trading up 11.05% at $3.16 at last check Wednesday. The stock has a 52-week range between $5.85 and 26 cents per share.