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04-04-2014, 07:33 PM
GrubHub Delivers Successful IPO as Stock Jumps 50% on Market Debut
http://rack.1.mshcdn.com/media/ZgkyMDE0LzA0LzA0LzgyL2dydWJodWIxLjZhYTBmLmpwZwpwCX RodW1iCTU3NXgzMjMjCmUJanBn/9436f3be/d90/grubhub1.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=GrubHub+Delivers+Successful+IPO+as+Stock+Jump s+50%25+on+Market+Debut&src=http%3A%2F%2Fmashable.com%2F2014%2F04%2F04%2Fg rubhub-goes-public%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F04 %2F04%2Fgrubhub-goes-public%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
The GrubHub IPO really delivered.
GrubHub stock opened at $40 a share on its first day of trading Friday, up from its IPO price of $26. The stock dipped down to the mid-$30 range in the first minutes of trading, before climbing back up. As of publication, it was up by about 50% from its IPO price
See also: 8 Tech Companies That May Go Public in 2014 (http://mashable.com/2013/12/27/tech-ipos-2014/?utm_medium=feed&utm_source=rss)
The food delivery company filed paperwork (http://mashable.com/2014/02/28/grubhub-ipo/?utm_medium=feed&utm_source=rss) to go public at the end of February after months of rumors. The company had initially planned to raise $193 million from the offering
Special Delivery: $GRUB (https://twitter.com/search?q=%24GRUB&src=ctag). Watch @GrubHub (https://twitter.com/GrubHub)'s #NYSEBell (https://twitter.com/search?q=%23NYSEBell&src=hash) & #NYSEIPO (https://twitter.com/search?q=%23NYSEIPO&src=hash): http://t.co/r2gUni2Mcb #LIVE (https://twitter.com/search?q=%23LIVE&src=hash) pic.twitter.com/G3TEdhxZZf (http://t.co/G3TEdhxZZf)
— (NYX) NYSE Euronext (@NYSEEuronext) April 4, 2014 (https://twitter.com/NYSEEuronext/statuses/452069779919355904) Read more... (http://mashable.com/2014/04/04/grubhub-goes-public/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
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http://rack.1.mshcdn.com/media/ZgkyMDE0LzA0LzA0LzgyL2dydWJodWIxLjZhYTBmLmpwZwpwCX RodW1iCTU3NXgzMjMjCmUJanBn/9436f3be/d90/grubhub1.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=GrubHub+Delivers+Successful+IPO+as+Stock+Jump s+50%25+on+Market+Debut&src=http%3A%2F%2Fmashable.com%2F2014%2F04%2F04%2Fg rubhub-goes-public%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F04 %2F04%2Fgrubhub-goes-public%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
The GrubHub IPO really delivered.
GrubHub stock opened at $40 a share on its first day of trading Friday, up from its IPO price of $26. The stock dipped down to the mid-$30 range in the first minutes of trading, before climbing back up. As of publication, it was up by about 50% from its IPO price
See also: 8 Tech Companies That May Go Public in 2014 (http://mashable.com/2013/12/27/tech-ipos-2014/?utm_medium=feed&utm_source=rss)
The food delivery company filed paperwork (http://mashable.com/2014/02/28/grubhub-ipo/?utm_medium=feed&utm_source=rss) to go public at the end of February after months of rumors. The company had initially planned to raise $193 million from the offering
Special Delivery: $GRUB (https://twitter.com/search?q=%24GRUB&src=ctag). Watch @GrubHub (https://twitter.com/GrubHub)'s #NYSEBell (https://twitter.com/search?q=%23NYSEBell&src=hash) & #NYSEIPO (https://twitter.com/search?q=%23NYSEIPO&src=hash): http://t.co/r2gUni2Mcb #LIVE (https://twitter.com/search?q=%23LIVE&src=hash) pic.twitter.com/G3TEdhxZZf (http://t.co/G3TEdhxZZf)
— (NYX) NYSE Euronext (@NYSEEuronext) April 4, 2014 (https://twitter.com/NYSEEuronext/statuses/452069779919355904) Read more... (http://mashable.com/2014/04/04/grubhub-goes-public/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
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