(Bloomberg) — Wall Street appears to be in the mood for takeout. Investors sent shares of online food ordering service GrubHub Inc. jumped 51% to $39.20 in early trading in its stock market debut Friday. GrubHub and its rivals are changing the way
As traders lined up on the floor of the New York Stock Exchange to make initial bids for shares of GrubHub, which went public Friday, a floor manager told several employees that he liked the company, but its competitor Seamless had more of a market
Food-ordering service GrubHub went public in style today, enjoying a bump of more than 40 percent after its premiere on the New York Stock Exchange. Just before 9 a.m. PT, the stock was floating above $36, up more than
Shares of GrubHub rose as high as $40.80 on Friday and ended the trading day up 31 percent, at $34. GrubHub's gains came as the overall stock market fell, with the Dow Jones industrial average, the S&P 500 and the Nasdaq composite index all posting
Shares of online food delivery company GrubHub Inc rose as much as 57 percent in their market debut, valuing the company at about $3.20 billion. The Chicago-based company's initial public offering raised about $193 million after its upsized offering