|Bid||41.01 x 800|
|Ask||41.20 x 1200|
|Day's range||40.21 - 41.64|
|52-week range||32.11 - 87.98|
|Beta (3Y monthly)||1.20|
|PE ratio (TTM)||953.72|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Grubhub Inc.
Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of Grubhub Inc. Investors
With Uber still trading below its IPO price and WeWork still reeling from its IPO disaster, could DoorDash be SoftBank's next make or break unicorn?
Papa John's reported positive same-store sales growth in North America for the first time in two years during its third quarter.
In a letter to investors before its share price plunged last week, online food delivery service GrubHub Inc cited its profitable ties with small and medium-sized restaurants, saying they generate 80% of the orders on its platform. A growing number of small and mid-sized food chains want to reduce ordering and delivery commissions as high as 30% charged by the big four third-party platforms - GrubHub, Uber Technologies Inc's Uber Eats, DoorDash Inc and Postmates Inc, industry sources say. The delivery platforms charge restaurants for having their menus listed on their sites, which customers can use to place orders - similar to the way consumers book hotel rooms through third-party online marketplaces like Priceline, Kayak or Expedia .
Uber shares have surged 15% in the last month and jumped 4% Wednesday as we head into the release of its Q3 2019 financial results on Monday, November 4. So is it time to buy Uber stock now after Lyft's solid earnings?
So far, Yum! Brands (YUM) stock has fallen 8.5% as of 12:25 PM ET today. The company reported lower-than-expected earnings for the third quarter.
To keep up with the changing trend, Yum bought a stake in GrubHub last year, hoping to boost sales at its KFC and Taco Bell restaurants in the United States. This does not help Pizza Hut, which has been streamlining dine-in operations and increasingly relying on delivery in the face of competition from rival pizzeria Domino's Pizza and Papa John's . "The Pizza Hut U.S. business... has some unique challenges given the dining state and the conditions of the assets... So that's what they're trying to address by moving to a more modern delivery estate," incoming Chief Executive Officer David Gibbs said.
As Grubhub shares fell, the company's description of plans to turn its fortunes around were met with a laugh on its earnings call.
Investing.com – Shares of online food delivery company GrubHub (NYSE:GRUB) lost more than 40% of their value Tuesday on at least five brokerage downgrades after the company projected weaker-than-expected fourth-quarter results amid intense competition.