Seeking Alpha

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