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Why GrubHub Inc. Stock Jumped Today


Why GrubHub Inc. Stock Jumped Today

Shares of GrubHub Inc. (NYSE: GRUB) popped today after the company reported second-quarter earnings after the close Thursday and then announced that it had agreed to buy delivery app Eat24 from Yelp Inc. (NYSE: YELP)

The stock closed up 9.2%, while Yelp shares also surged on the news.

Image source: Getty Images

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Source: Fool.com

Yelp Inc. A Stock

€33.20
1.840%
There is an upward development for Yelp Inc. A compared to yesterday, with an increase of €0.60 (1.840%).
With 6 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 44 € there is a positive potential of 32.53% for Yelp Inc. A compared to the current price of 33.2 €.
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