GrubHub prices IPO at $26


GrubHub's (GRUB) IPO price is above an elevated $23-$25 range, and good for a market cap of $2.04B (a steep 15x trailing sales). The online food delivery/take-out platform upsized its offering to 7.4M shares from an original 7.03M.

Shares begin trading tomorrow. The history of recent tech IPOs that have seen similar pricing activity suggests GrubHub's debut should be a strong one.

Prospectus, IPO analysis

From other sites
Comments (1)
  • Kenjisan
    , contributor
    Comments (49) | Send Message
     
    Here comes another garbage IPO.
    4 Apr 2014, 03:44 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs