Why GrubHub Inc. Stock Jumped 16% Last Month
Investors were gobbling up GrubHub Inc (NYSE: GRUB) shares last month as the food-delivery specialist climbed 16% according to data from S&P Global Market Intelligence. A strong third-quarter earnings report was the key driver of its October gains.
Image source: Getty Images.
As the chart below shows, the stock surged higher after the report came out on Oct. 25.
Source: Fool.com
Grubhub Inc. Aktie
49,71 €
-0,71 %