GrubHub, Seamless increased IPO shares and nets itself a surprising $192 Million. That is a really big deal these days. The fact that sales are brisk on shares of this relatively young company, is promising evidence of economic improvement, for some, anyway. Upon making the IPO public, Seamless owner, GrubHub raises a huge amount surprising […]
GrubHub (NYSE: GRUB) CEO Matt Maloney cheered his company’s IPO on at the New York Stock Exchange Friday while shares of his company rocketed up beyond expectations. The company priced the IPO at $26 per share, but shares of the food delivery company opened at a stunning $40.80. After that, the price trickled down a […]
GrubHub, the Chicago-based food delivery service, has revised its offering size and now expects to raise up to about $178 million, as investors showed high interest in its initial public offering. Co-managers of the public offering are Citigroup and Morgan Stanley. This is a substantial increase from the $100 million the firm had expected to raise […]