IPO Stock Watch: GrubHub Gets Lift From Q2 Earnings

By | July 24, 2014

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GrubHub (GRUB) stock rose after reporting second-quarter earnings Thursday morning that topped revenue estimates, with guidance for the current quarter above expectations. The online provider of restaurant food orders launched its initial public offering on April 4. The stock priced above its estimated range and finished the day at 34, up 31%. GrubHub stock closed Thursday at 34.96, up 4.3% on the stock market today. GrubHub provides a Web and Scalper1 News

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