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Why Grubhub Stock Plummeted 39% in October

TheMotleyFool

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Why Grubhub Stock Plummeted 39% in October

Shares of Grubhub (NYSE: GRUB) sank 39% in October, according to data from S&P Global Market Intelligence, after the food-delivery specialist announced weaker-than-expected third-quarter 2019 results.

To be sure, essentially all of Grubhub's plunge last month came on Oct. 29, 2019 -- the first trading day after its quarterly update hit the wires.

IMAGE SOURCE: GETTY IMAGES.

Source Fool.com

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