Trade of the Day: GrubHub Stock Is Waving a Bullish Flag
Food delivery startups have been on a growth tear for several years now. Competition has increased and that has hurt the share price of GrubHub (NYSE:GRUB). GRUB stock, however, has been showing much better signs of life again in recent weeks and looks to be pointing to higher levels still.
As long time readers of my column here know, I do not like holding trading positions through any given stock’s earnings report. Thus, please be aware that GrubHub is set to report its next batch of earnings on July 24.