Hot IPO GrubHub Clears Cup-With-Handle Buy Point

By | February 25, 2015

Scalper1 News

Hot IPO GrubHub (GRUB) cleared a cup-with-handle buy point on the stock market today, and it’s in buy range to 43.94. The online food ordering platform’s stock has risen about 65% since it went public last April. It’s featured on IBD’s Leaderboard. Meanwhile, shares of restaurant and business review platform Yelp (YELP) are in an extended downtrend. Earlier this month it agreed to buy GrubHub rival Eat24. Watch this video for an in-depth look at Scalper1 News

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