Possible Purchase Deal By Uber Triggers Nearly 40 Pct Surge In Grubhub Shares
PYMNTS
MAY 12, 2020
Uber has an approximate $56 billion market capitalization. Founded in 2004, Grubhub went public in less than six years. .” Uber’s stock also climbed 6 percent on the news, which pushed Grubhub’s valuation up from roughly $4.5 billion Monday to about $5.9 Whether a deal will be made is still up in the air.
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