Grubhub Inc.
NYSE: GRUB
$61.05
-$0.09 (-0.1%)
Closing price June 11, 2021
If you could go back to 2014, odds are you’d want to invest in Bitcoin. One bitcoin was going for only $310, and they’re now going for $35,000. Even if you don’t think it will go up anymore,...
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Tuesday's top analyst upgrades and downgrades included Activision Blizzard, Coinbase, Devon Energy, DuPont, Grubhub, Nike, Shopify, Tilray and Wynn Resorts.
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Friday's top analyst upgrades and downgrades included ConocoPhillips, Darden Restaurants, General Dynamics, Peloton International, Roku, Tilray, ViacomCBS, Wayfair and Wingstop.
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Although the markets may be falling, 24/7 Wall St. is taking a look at some big analyst calls that we have seen so far on Monday.
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Tuesday's top analyst upgrades and downgrades included ADM, Beyond Meat, Bristol-Myers, Carvana, CRISPR, FirstEnergy, Peloton, Shopify, Tesla, Uber and Visa.
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Ride-hailing service Uber is reportedly near an acquisition of food delivery service Postmates for an estimated $2.6 billion.
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The much-discussed acquisition by Uber of food delivery competitor Grubhub did not happen. Wall Street had viewed the bid for Grubhub as a winning move for Uber.
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Thursday's top analyst upgrades and downgrades included Apple, DraftKings, Gap, Grubhub, Inogen, Kellogg, Lyft, ONEOK, Redfin, Uber Technologies, Yum Brands and Zillow.
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The merger between Uber and Grubhub appears to be off the table. A new challenger has entered the ring.
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Things are looking better for Uber as the ride-hailing business starts to recover, but the timeline to profitability may depend on a deal for Grubhub.
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Uber's food delivery business revenues could more than double this year, but is that enough to offset ride-hailing declines? Would acquiring Grubhub help or hurt?
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Grubhub is reportedly seeking a breakup fee as regulators eye merger talks with Uber.
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Uber is scrapping surplus bikes after selling Jump to Lime even as people are looking for transportation alternatives because of the coronavirus.
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Layoffs in India mark the latest step in Uber's cost-cutting and capital management strategy. But the ride-hailing service also faces legal troubles in California, New York and other states.
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Uber is eyeing food delivery rival Grubhub as the coronavirus hits ride sharing, but regulators are signalling concerns about such a deal.
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