GrubHub Inc. (GRUB) Plunges 5.76%
GrubHub Inc. (GRUB) had a rough trading day for Friday April 12 as shares tumbled 5.76%, or a loss of $-4 per share, to close at $65.40. After opening the day at $68.62, shares of GrubHub Inc. traded as high…
From the Equity Insider archive. This article dates from Apr 13, 2019 and is preserved as first published.
GrubHub Inc. (GRUB) had a rough trading day for Friday April 12 as shares tumbled 5.76%, or a loss of $-4 per share, to close at $65.40. After opening the day at $68.62, shares of GrubHub Inc. traded as high as $68.62 and as low as $64.57. Volume was 6.47 million shares over 43,222 trades, against an average daily volume of n/a shares and a total float of 91 million.
As a result of the decline, GrubHub Inc. now has a market cap of $5.95 billion. In the last year, shares of GrubHub Inc. have traded between a range of $149.35 and $65.51, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
GrubHub Inc founded in 2004, provides an online takeout food platform for consumers, or diners, and restaurants. The firm generates revenue by charging restaurants a commission based on each order amount. It also charges consumers a delivery fee for orders where the firm handles the delivery. GrubHub has over 50,000 restaurant partners.
GrubHub Inc founded in 2004, provides an online takeout food platform for consumers, or diners, and restaurants.
GrubHub Inc. is based out of Chicago, IL and has some 2,722 employees. Its CEO is Matthew M. Maloney.
