Should You Be Digging into GrubHub Stock?

by Options Sensei |

GrubHub (GRUB) is a food delivery service that also operates under the Seamless and Eat24 platforms currently servicing over 80,000 restaurants.

On Thursday the company served up its Q4 earnings report and investors initially threw the results into the garbage, sending shares down some 12% to an intraday low of $66.50.

But, once people started chewing through the numbers, they found some tasty items and shares ran back nearly unchanged. On Friday, it followed through pushing the stock back to the $85 level.

As you can see, this is the second consecutive quarter the stock gapped lower following a report. But, this time it found…

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