GrubHub Inc. (GRUB) Surges: Stock Moves 14.9% Higher


GrubHub Inc. (GRUB) was a big mover last session, as the company saw its shares rise by nearly 15% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 34.8 % in the past one-month time frame.

The company has seen 2 positive revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for GrubHub. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

GrubHub Inc. currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Some other stocks worth considering in the internet services industry include Expedia Inc. (EXPE), E-Commerce China Dangdang Inc. (DANG) and eLong Inc. (LONG). While Expedia sports a Zacks Rank #1, E-Commerce China Dangdang and eLong carry the same Zacks Rank as GrubHub.

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