GRUB - Grubhub Inc.

NYSE - NYSE Delayed Price. Currency in USD
72.01
+1.85 (+2.64%)
At close: 4:01PM EDT
Stock chart is not supported by your current browser
Previous Close70.16
Open72.00
Bid71.46 x 1100
Ask76.47 x 800
Day's Range71.20 - 74.39
52 Week Range60.20 - 149.35
Volume2,096,287
Avg. Volume2,687,595
Market Cap6.566B
Beta (3Y Monthly)0.66
PE Ratio (TTM)123.30
EPS (TTM)0.58
Earnings DateJul 23, 2019 - Jul 29, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est97.13
Trade prices are not sourced from all markets
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  • Dunkin' taps Grubhub for massive new delivery rollout
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    Dunkin' taps Grubhub for massive new delivery rollout

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  • Can the Grubhub-Dunkin' Partnership Help GRUB Stock Bounce Back?
    Zacks12 hours ago

    Can the Grubhub-Dunkin' Partnership Help GRUB Stock Bounce Back?

    Grubhub (GRUB) stock jumped over 3% in the opening hours of trading Monday following an announcement that it will partner with Dunkin' Brands (DNKN).

  • Barrons.com17 hours ago

    Grubhub Stock Gets Another Boost on News of a Delivery Deal with Dunkin’

    The partnership will initially let people order online from more than 400 New York City doughnut-and-coffee stores. Last week, the stock rose as Amazon.com said it would close its meal-delivery business.

  • Traffic Jam Donut: Dunkin' Brands Joins Delivery Wars With Grubhub Deal
    Investor's Business Daily18 hours ago

    Traffic Jam Donut: Dunkin' Brands Joins Delivery Wars With Grubhub Deal

    Dunkin' Brands became the latest firm to join the ongoing delivery wars by inking a deal with Grubhub.

  • PR Newswire20 hours ago

    Dunkin' Begins Nationwide Delivery Rollout through Grubhub

    CANTON, Mass. and CHICAGO, June 17, 2019 /PRNewswire/ -- More of America will now run on Dunkin' without ever having to leave their home or office. Dunkin' today announced that it is partnering with Grubhub (GRUB), the nation's leading online and mobile food-ordering and delivery marketplace, to begin the rollout of its new Dunkin' Delivers service. As the first step in this launch, today more than 400 Dunkin' restaurants throughout New York City's five boroughs will now offer delivery through Seamless, Grubhub's New York brand.

  • Uber 1, Amazon.com 0
    Motley Fool3 days ago

    Uber 1, Amazon.com 0

    Amazon Restaurants' decision to bow out of its niche opens the door for Uber Eats, Grubhub, and others to cash in on the opportunity.

  • Benzinga3 days ago

    Barron's Picks And Pans: Fake Meat Battle, Grubhub, Slack, Apple And More

    This weekend's Barron's is the CEO issue. The magazine takes a look at 30 leaders considered the best. Other featured articles examine competition in two food markets – alternative meat and home food delivery, ...

  • Barrons.com4 days ago

    Amazon, Grubhub, and the Turf War Over My Meatball Hero

    First there were restaurant-food delivery services like Grubhub. Then there were meal-kit services like Blue Apron. Now Walmart is loading up your refrigerator. Where is all this leading?

  • Barrons.com4 days ago

    An Amazon Exit Gives Grubhub Stock the Boost It Needs

    Grubhub’s stock, well off 2018 highs, popped on the news that Amazon was exiting the food-delivery business. Can it continue to rise?

  • 6 Mouth-Watering Fast Food Stocks for Growth Investors
    InvestorPlace5 days ago

    6 Mouth-Watering Fast Food Stocks for Growth Investors

    The fundamentals supporting fast food stocks are healthy today, and project to remain healthy for the foreseeable future. That's why I'm bullish on a select list of fast food stocks here and now.Favorable fundamentals will drive out-sized profit growth for these companies, and that growth will push their stocks higher over the next several months and years.Here's the fundamental backdrop. You have a healthy U.S. economy with low unemployment, big wage gains, low borrowing rates, and high consumer confidence. Putting all that together, the U.S. consumer today is about as healthy and as prone to spend as ever.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMeanwhile, consumers are increasingly fixated with elevated convenience and fast service, so they are increasingly drawn to fast food chains. These fast food chains are simultaneously re-inventing their menus to be more relevant, including incorporating healthier and trendier items like plant-based burgers. They are also improving the ordering process to be more convenient, and those improvements center around pairing up with online food ordering and delivery services.All in all, the fundamentals supporting fast food stocks are quite favorable. Stronger consumers coupled with smarter menu innovation and a strong delivery buildout equals strong growth for fast food chains. * 7 U.S. Stocks to Buy With Limited Trade War Exposure With that in mind, let's take a look at 6 fast food stocks to buy for healthy gains over the next several quarters. Fast Food Stocks to Buy: McDonald's (MCD)Source: Shutterstock At the top of this list, we have McDonald's (NYSE:MCD), the king of the fast food industry that has been king for a long time, and projects to remain king for a lot longer thanks to its continued market-leading innovation.On the menu front, McDonald's has refreshed its menu from head to toe over the past several years. The company pioneered the All-Day Breakfast trend. They then introduced more chicken items onto the menu and more premium meat offerings.They've run promotions such as 2-for-$5, which have been huge successes. They've also incorporated bacon into their classic offerings. The company has also dabbled in the plant-based meat craze, offering the plant-based Big Vegan TS in 1,500 restaurants in Germany in April.Meanwhile, on the convenience front, McDonald's has rapidly scaled its presence in the delivery world. By most metrics, McDonald's now has one of the biggest delivery presences of any fast food chain. Also, McDonald's has integrated technology into its ordering processes. Many in-store ordering kiosks are now touch-screen, self-order kiosks.All in all, McDonald's has continued to improve its menu and service over the past the several months and years. These improvements put the company in a favorable position to grow for the foreseeable future as the U.S. consumer economy picks up steam. Yum (YUM)Source: Mike Mozart via FlickrNext, we have Yum (NYSE:YUM), the parent company of KFC, Taco Bell and Pizza Hut.With respect to menu innovation, Yum has done very well. Taco Bell is perhaps the market leader in menu innovation, seemingly rolling out a new, millennial-focused food item every few weeks.Taco Bell has also created ad campaigns to accompany those menu adds (see this Nacho Fries ad), and those campaigns only add to their appeal. KFC and Pizza Hut have been relatively light on the menu innovation front but have still kept their menus up-to-date with current consumption trends. KFC is also thinking about incorporating plant-based options on its menu, too.On the convenience front, Yum has also rapidly expanded its delivery capability through a big partnership with GrubHub (NYSE:GRUB). Those delivery efforts for Taco Bell and KFC are still in their early days, with positive early reception and momentum. As such, the delivery expansion tailwind should remain vigorous for the foreseeable future. * 7 High-Quality Cheap Stocks to Buy With $10 In sum, Yum's unique marketing and menu innovation, coupled with delivery build-out at Taco Bell and KFC, should help drive healthy sales and profit growth over the next several quarters. Jack in the Box (JACK)Source: Rojer via Flickr (modified)The third fast food stock which looks ready to rally is Jack in the Box (NASDAQ:JACK).On the menu front, Jack in the Box has taken a unique and strategic approach to wallet share expansion and promotions. With respect to winning wallet share, Jack in the Box didn't just invent new menu items - they invented an entire new mealtime, which they dub "late-night". This late-night menu caters to those who get hungry well past dinner hours, and in creating this menu, Jack in the Box has won consumer wallet-share. Meanwhile, Jack in the Box is finally figuring out how to create discounted combos which offer great value to the consumer without cutting into margins.Meanwhile, like many of the other chains on this list, Jack in the Box has rapidly scaled out its delivery capabilities over the past few years. At the end of last quarter, roughly 90% of all Jack in the Box locations were serviced by at least one delivery service. Thus, as the delivery market gains traction over the next several years, Jack in the Box will be fully levered to that growth, and consequently grow with the market.Overall, Jack in the Box's unique approach to menu additions and promotions, on top of its already huge delivery network, gives the stock a healthy growth outlook over the next several quarters. Shake Shack (SHAK)Source: Abdullah AlBargan via Flickr (Modified)Next up, we have rapidly expanding premium fast casual chain Shake Shack (NYSE:SHAK).Shake Shack seems to really understand the importance of menu innovation. The company actually has a dedicated kitchen - dubbed the Innovation Kitchen - for testing and developing new products and LTOs (limited time only offerings). This Innovation Kitchen has cooked up some big new menu adds over the past few months, including Chick'n Bites and new unique shake flavors like tiramisu. So long as Shake Shack keeps pouring resources into the Innovation Kitchen - and so long as that Innovation Kitchen keeps pumping out exciting, new menu adds - Shake Shack's comparable sales performance should remain healthy.With respect to elevated convenience, the delivery business is rapidly scaling, and the company is doing everything it can to optimize that delivery business. Shake Shack is refreshing many of its stores to allow for a more streamlined and efficient pick-up process. All the new units are also being built with this in mind, too. * 7 Dividend Stocks That Are Worth Your Money Broadly, Shake Shack continues to put menu innovation and digital convenience at the forefront of its growth narrative, and in so doing, exposes itself to big growth potential over the next several years. Domino's Pizza (DPZ)Source: Shutterstock One of the more interesting fast food stocks on this list is Domino's Pizza (NYSE:DPZ).On the menu front, Domino's - like many of its peers on this list - is one of the more innovative chains in the fast food world. Domino's started off as a pizza parlor. They are so much more than that now. The menu today includes pasta, chicken, sandwiches, and more. Further, Domino's has been very innovative with its marketing, including doing things like fixing pot holes so consumers don't drop their pizzas. In sum, these menu adds and marketing have kept Domino's atop the pizza game by a wide margin.The convenience story is a bit different. Unlike the other chains on this list, Domino's didn't just build out its delivery business. Domino's has been a delivery business for a long time. As such, the macro-delivery tailwind isn't really a tailwind at all for Domino's. Instead, it translates into more competition in the delivery space.Nonetheless, DPZ's sustained dominance atop the pizza market has enabled it to offset increased delivery competition, and the company has reported healthy comps for the past several years. So long as this remains true, DPZ stock should march higher. Restaurant Brands International (QSR)Source: Shutterstock Last, but not least, on this list of fast food stocks to buy is Restaurant Brands International (NASDAQ:QSR), the parent company of Tim Hortons, Popeye's, and Burger King.Menu innovation has been core to each three of QSR's big chains. Tim Hortons introduced multiple new items to its menu in 2018, including several new hot and cold beverages. Tim Hortons also rolled out Breakfast Anytime. Over at Popeye's, management has relied on LTOs and promotions to drive continued positive comps, such as the $5 tackle box and $5 shrimp offer. Meanwhile, Burger King is on the cutting edge of plant-based meat, and has already launched Impossible Whoppers, which have created a huge traffic surge at participating locations.With respect to convenience, QSR has invested in all the right things to maximize consumer convenience. The company has built out its delivery network to span about half of all its U.S. restaurants. The company has also invested big into self-order kiosks, mobile app ordering, and digital menu boards. * 7 Stocks to Buy for the Coming Recession Net net, QSR has done everything right over the past several quarters on the menu innovation and consumer convenience fronts, and those right moves lay the groundwork for QSR stock to rally over the next several quarters.As of this writing, Luke Lango was long MCD, GRUB and DPZ. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post 6 Mouth-Watering Fast Food Stocks for Growth Investors appeared first on InvestorPlace.

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  • Uber’s Victory Over Amazon Doesn’t Make Uber Stock a Buy
    InvestorPlace5 days ago

    Uber’s Victory Over Amazon Doesn’t Make Uber Stock a Buy

    Uber (NYSE:UBER) victory over e-commerce giant Amazon.com (NASDAQ:AMZN) in the restaurant-delivery market doesn't mean AMZN is on the ropes, nor is it a reason for the owners of Uber stock and GrubHub (NYSE:GRUB) stock to rest easy. It is, however, a victory that the owners of Uber stock can cheer and one that should at least bother the owners of Amazon stock.Source: Shutterstock Amazon is abdicating the U.S. restaurant delivery market just four years after entering it, seemingly unable to stave off smaller but better-established competitors. The news broke on Monday. * 7 High-Quality Cheap Stocks to Buy With $10 There's a much bigger message that's underlying the headlines, however. Specifically, the development serves as anecdotal evidence that Amazon may not be able to become all things to all people, if -- and that's a big 'if' -- Amazon's would-be competitors are willing to be creative.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Amazon Is Stepping DownThe news surfaced on Monday, though no official press release from AMZN has yet been published. Rather, in a statement made to technology news website GeekWire, Amazon simply explained, "As of June 24th, we will discontinue the Amazon Restaurants business in the US."That move follows the shuttering of the UK's Amazon Restaurants business in December of last year, only two years after its launch.Shares of restaurant delivery rival GrubHub jumped on the news, while Uber stock fell despite the development. (Uber also operates a food delivery business.) It's noteworthy, though, that Uber stock soared last week, spurred higher by solid Q1 results posted late last month and then swept even higher by the stock market's rebound effort.Amazon's retreat from the restaurant-delivery business may not be a permanent one, however."The shuttering of the platform doesn't necessarily mean that Amazon won't eventually invest in the space," explains Mizuho analyst Jeremy Scott, though he goes on to say "but it at least temporarily removes the existential threat of an aggressive organic expansion and, in turn, positions the company as a potential acquirer."Scott believes GrubHub is a potential acquisition target that could pull Amazon back into the space.Cowen and Company analyst Thomas Champion agrees with Scott's argument, noting Amazon could still acquire GrubHub "down the road should they want to take a step into the market." Given that Uber is first and foremost a de facto taxi service, it's a much less likely buyout target if Amazon decides to carve out a piece of the food delivery market.Therefore, the owners of Uber stock shouldn't see the company as a takeover target.Both Scott and Champion pointed to Amazon's recent investment in the U.K.'s food-delivery service Deliveroo, as evidence that the e-commerce company is still interested in the space. The key may be a better-established brand name that doesn't include the word "Amazon." Impact on Uber, Uber Stock, Uber NewsAmazon's decision is certainly a victory for Uber, though not a game-changing one. Uber remains primarily a platform for taking people to and from dinner rather than delivering dinner itself, and that's not apt to change in the foreseeable future.Last year, Uber Eats sold $7.9 billion worth of prepared, cooked food, but it only pocketed a small percentage of those sales. As a result, the unit lost money because it costs more to pay its drivers than the company collected from the restaurants. To that end, perhaps it's just as well that Uber Eats' revenue fell 10% in 2018.Nevertheless, the fact that GrubHub and Uber can at least jointly rattle the likes of Amazon is encouraging to organizations that fear the Amazon steamroller so much they're afraid to even try to compete with it.The chief feature of Uber's Amazon-disrupting effort was the use of an existing asset in a way that initially looked and felt awkward. Uber drivers largely believe they are supposed to transport passengers. But time spent not ferrying people or driving empty vehicles can still be used to generate revenue.That's not to say Uber Eats as it operates today will ever be profitable. GrubHub is barely profitable, and its entire existence has been dedicated to the business of connecting consumers with restaurants, for a nominal fee.Still, this sort of outside-the-box thinking will keep Amazon in check. As has been suggested before, the bigger Amazon gets, the easier it becomes for a rival to do the nuanced, detailed things that the increasingly-complex behemoth can't do.That's still not a reason by itself to buy GrubHub or Uber stock, though.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post Uber's Victory Over Amazon Doesn't Make Uber Stock a Buy appeared first on InvestorPlace.

  • Why It’s Time to Nibble on Grubhub Stock
    InvestorPlace6 days ago

    Why It’s Time to Nibble on Grubhub Stock

    Investors feasted on Grubhub (NYSE:GRUB) in Tuesday's session. The question remains, will they come back for seconds in the days ahead? Let's take a look off and on the GRUB stock price chart for some answers.Source: Shutterstock Online food delivery stock Grubhub enjoyed a nice market-bucking gain of 8.28% and fresh four-week highs despite the broader market succumbing to some technical indigestion on Tuesday. Behind GRUB stock's bid, diversified tech giant Amazon (NASDAQ:AMZN) announced it's pulling out of the restaurant delivery market.In an already crowded and competitive market which includes UberEats from Uber (NYSE:UBER) and DoorDash, having cash-flush Amazon bow out after a three-plus year 'experiment' in select cities is obviously a positive for GRUB stock growing its business. Many investors are also speculating the departure leaves the door open for a takeover by Amazon if it chooses to dominate yet another industry down the road.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn the here and now, after managing to top Street views in late April and offering up top-line growth of 39%, the Amazon news could assist in removing some of GRUB stock's many detractors. Shares are heavily shorted to the tune of nearly 25% of the float. As well, while Grubhub has 17 buy recommendations, the company's 11 hold ratings means there's room, theoretically at least, for upgrades. * 7 Stocks to Buy for the Coming Recession And on the Grubhub price chart, optimistically conditions look ready to deliver profits to today's bullish investors. GRUB Stock Weekly Chart Click to EnlargeAs the weekly chart in GRUB stock suggests, a deep corrective base of nine months and more than a couple failed bottoming attempts around the 62% retracement level have no doubt produced more than a few cases of heartburn for bullish investors. But that could be about to change.The potentially good news on the price chart is GRUB's multiple technical disappointments could pave the way for a new bull market to emerge with possibly less resistance. Many bullish investors once long GRUB stock have likely thrown in the towel during Grubhub's lengthy correction.Technically, I'm also upbeat on GRUB stock's supportive-looking stochastics while holding the 200-week simple moving average and shares inching their way off the lower Bollinger Band. As well, let's not forget Grubhub's resident bears. Those players could come in handy in lifting Grubhub higher too. Buying GRUB StockMy recommendation in GRUB stock is to simply buy shares today. With confirmation and guidance from the weekly chart, I'd look for the area in-between $85 - $90 for initial profit-taking. If our enthusiasm proves misplaced, a move below $65 in Grubhub looks like enough leeway before conceding to bears, with the necessary benefits of containing losses and offering solid risk-to-reward exposure if we're right.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies, related musings or to ask a question, you can find and follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for the Coming Recession * 10 Smart Dividend Stocks for the Rest of the Year * 5 Tech Stocks That Are Far Too Risky Right Now Compare Brokers The post Why Ita€™s Time to Nibble on Grubhub Stock appeared first on InvestorPlace.

  • Benzinga6 days ago

    Analysts: Amazon's Exit From Restaurant Delivery Implies Less Competition For Grubhub

    Bank of America Merrill Lynch's Nat Schindler maintained a Buy rating on Grubhub with an unchanged $108 price target. Amazon launched a restaurant delivery service in 2015 that later expanded to 20 U.S. markets, Schindler said in a Tuesday note.

  • 5 Simple Reasons Amazon Should Buy Grubhub
    Motley Fool6 days ago

    5 Simple Reasons Amazon Should Buy Grubhub

    Amazon just killed off its restaurant delivery service. Why doesn’t it just replace it with the market leader instead?

  • Grubhub (GRUB) Jumps: Stock Rises 8.3%
    Zacks6 days ago

    Grubhub (GRUB) Jumps: Stock Rises 8.3%

    Grubhub (GRUB) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.

  • Barrons.com6 days ago

    Podcast: Grubhub Jumps 8.3% After Amazon Exits Food Delivery

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  • GrubHub (GRUB) Stock Rises as News Hits of Amazon (AMZN) Restaurants Closing
    Zacks7 days ago

    GrubHub (GRUB) Stock Rises as News Hits of Amazon (AMZN) Restaurants Closing

    Shares of GrubHub (GRUB) popped today, closing slightly above 8% on news that Amazon.com???s (AMZN) food delivery competitor Amazon Restaurants was shutting down operations

  • What Happened in the Stock Market Today
    Motley Fool7 days ago

    What Happened in the Stock Market Today

    A report that Amazon will exit the restaurant food delivery business in the U.S. helped Grubhub shares, and Casey's General Stores reported strong results.

  • 5 Must-See Stock Charts for Wednesday: S, BB, CVS, BYND
    InvestorPlace7 days ago

    5 Must-See Stock Charts for Wednesday: S, BB, CVS, BYND

    U.S. started off Tuesday with another surge, but have since backed off those gains a bit. Remember, exactly one week ago equities posted a stunning "Turnaround Tuesday" that led to a flurry of buying. Now we need to see if it will last. Let's look at a few must-see stock charts for Wednesday. Must-See Stock Charts 1: Sprint Click to EnlargeWorries on whether the Sprint (NYSE:S) merger with T-Mobile US (NASDAQ:TMUS) will go through are hurting both stocks on Tuesday.InvestorPlace - Stock Market News, Stock Advice & Trading TipsShares of Sprint were forming a bullish pennant (wedge) up near $7. However, if the stock loses $6.60, it increases the odds of a gap fill back down toward $6.20. Around this level it will also find the 50-day and 200-day moving averages. * 4 Technology Stocks Blasting Higher If S declines this far and finds support, it may prove to be an advantageous buying opportunity. For now though, it looks like $6.60 support is suspect.On the upside, see if S can reclaim its 20-day moving average and $7. Must-See Stock Charts 2: CVS Health Click to EnlargeSprint and T-Mobile aren't the only ones having trouble. CVS Health (NYSE:CVS) and Aetna are too, with a judge threatening to nix their deal.A day after we saw some massive tie-ups -- United Technologies (NYSE:UTX) and Raytheon (NYSE:RTN), as well as Salesforce (NYSE:CRM) and Tableau Software (NYSE:DATA) -- it's interesting to see M&A issues on Tuesday. (Here's how we're trading those names).In any regard, how do we trade CVS stock now?Prior support was present near $58. We're now seeing that level act as resistance while $52 has become support. If CVS can't maintain the 10-week moving average, $52 will likely be called upon again. In that scenario, it may be a low-risk buying opportunity.Over the 10-week moving average and CVS can test $58 range resistance, but keep in mind that downtrend resistance (blue line) could weigh on it. Must-See Stock Charts 3: Beyond Meat Click to EnlargeThis thing has been insane, with Beyond Meat (NASDAQ:BYND) racking up almost 700% gains from its IPO last month to this month's high. I haven't seen such craziness since Tilray (NASDAQ:TLRY) went public last year.Is the rally finished? I have no idea, but I find jumping in on the action more akin to gambling than trading and certainly when compared to investing.Shares are now back below channel resistance (blue line). While its 61.8% retracement could buoy the name near $125, a larger correction down toward $105 to $110 may be in store for BYND.This one is too volatile for me, but it's a fun one to observe. It's a great lesson in a simple concept: There are thousands of stocks out there. You don't have to trade them all. Must-See Stock Charts 4: BlackBerry Click to EnlargeBlackBerry (NYSE:BB) was putting in some nice gains on Tuesday, before giving half of them up and pulling back. Shares are being rejected by the 10-week moving average and the 20-day moving average.Just as a note, the above chart is a weekly one and will not display daily moving average figures, although I will mention them here.Bulls want to see this month's lows near $7.75 hold as support. Below that and a drop to $7 and possibly lower is on the table. Above the 10-week and a larger rally can occur.And while we see downtrend resistance up near $9.50, BB has a lot of resistance to clear first. At $8.91 and $9.07 is the 200-week and 50-week moving averages, respectively. Further, the stock has its one-year 61.8% retracement at $8.85, the 50-day moving average at $8.76 and the 200-day at $8.88.That's a lot of numbers, but on the chart it's displayed simply as a blue box. Unless BlackBerry can clear $9, I would rather sell into that area rather than bet on a breakout. The risk/reward (and odds) are better. Must-See Stock Charts 5: GrubHub Click to EnlargeNews of Amazon (NASDAQ:AMZN) ending its Amazon Restaurants segment gave GrubHub (NYSE:GRUB) a lift, up 8% on Tuesday.Shares now need to maintain $65+ to go higher. If it can't stay above this level, it means GrubHub will have fallen back below downtrend resistance, as well as the 20-day and 50-day moving averages. * 7 Dark Horse Stocks Winning the Race in 2019 I'm now looking for a move back to $73. Above that and $85 seems possible, unless GRUB hits its descending 200-day moving average first.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AMZN. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Dark Horse Stocks Winning the Race in 2019 * 6 Chinese Stocks to Sell That Are Suffering From a Digital Ad Slowdown * 4 Technology Stocks Blasting Higher Compare Brokers The post 5 Must-See Stock Charts for Wednesday: S, BB, CVS, BYND appeared first on InvestorPlace.

  • Reuters7 days ago

    UPDATE 1-Amazon to shut restaurant delivery service in U.S.

    Amazon.com Inc said on Tuesday it would end its U.S. restaurant food delivery service on June 24, giving in to intense competition from GrubHub Inc, DoorDash, Uber Technologies' Uber Eats services. "A small fraction of Amazon employees are affected by this decision, and many of those affected have already found new roles at Amazon," the company said in a statement. Amazon Restaurants was launched in 2015 in Seattle and was designed to give Prime members a way to order meals, apart from products and groceries, through the online retailer.