GrubHub surges after earnings report and LevelUp acquisition

GrubHub surges after earnings report and LevelUp acquisition

Shares of GrubHub soared more than 24 percent on Wednesday, following a strong second-quarter earnings report and the company’s announcement it would acquire mobile ordering and mobile payments platform LevelUp. The gains pushed GrubHub’s shares to an all-time high of $134.33 per share during regular trading on Tuesday. Shares of GrubHub soared more than 25 percent on Wednesday, following a strong second-quarter earnings report and the company’s announcement it would acquire mobile ordering and mobile…

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