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 Wall Street has a major craving for takeout. Investors sent … Read more
The Chicago-based online food delivery company has raised $192.5 million in its initial public offering, more than it expected. GrubHub priced 7.4 million shares at $26 each, up from its expected sale of 7 million shares for FORTUNE — Online food ordering company GrubHub led a group of five companies that priced initial public offerings … Read more
(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 … Read more
GrubHub raised a higher-than-expected $192 million in an initial public offering, after pricing the shares above the marketed range. GrubHub's market value at one point topped $3.4 billion. FORTUNE — Online food ordering company GrubHub led a group of five companies that priced initial public offerings last night, and which will begin trading today on … Read more