Grubhub Inc.

NYSE: GRUB
$71.87
+$0.40 (+0.6%)
Closing price July 10, 2020
Ride-hailing service Uber is reportedly near an acquisition of food delivery service Postmates for an estimated $2.6 billion.
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.
Thursday's top analyst upgrades and downgrades included Apple, DraftKings, Gap, Grubhub, Inogen, Kellogg, Lyft, ONEOK, Redfin, Uber Technologies, Yum Brands and Zillow.
The merger between Uber and Grubhub appears to be off the table. A new challenger has entered the ring.
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.
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?
Grubhub is reportedly seeking a breakup fee as regulators eye merger talks with Uber.
Uber is scrapping surplus bikes after selling Jump to Lime even as people are looking for transportation alternatives because of the coronavirus.
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.
Uber is eyeing food delivery rival Grubhub as the coronavirus hits ride sharing, but regulators are signalling concerns about such a deal.
Thursday's top analyst upgrades and downgrades included Adobe, Baker Hughes, Best Buy, Cisco Systems, CyberArk Software, Enphase Energy, Grubhub, Jumia Technologies, SmileDirectClub, Under Armour and...
Lyft could be in for a rough ride with new debt and declines in ridership, while rival Uber looks to food delivery to bolster its bottom line.
Uber is reportedly in talks to buy Grubhub. The coronavirus lockdown is boosting the food delivery business, but that could also raise the regulatory bar for a deal.
Self-driving technology firm Waymo closed a $3 billion round of venture funding on Tuesday. The round was announced in early March and is the first for the company that has until now been supported...
Monday's top analyst upgrades and downgrades included Amazon.com, American Airlines, American Express, Beyond Meat, Caterpillar, Clorox, eBay, Gilead Sciences, Twitter, Verizon Communications and...