Grubhub shares slumped 43% Tuesday in a rout that began late Monday after the company cut its outlook for revenue and profit, citing the need to spend more on promotions to draw in customers
Grubhub Inc. shares headed toward their biggest one-day decline ever Tuesday, underlining intensifying concerns among investors over the future of the food-delivery industry.The rout began late Monday after the Chicago-based company cut its outlook for revenue.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Beyond Meat to offer more store discounts as competition heats up; shares fallBeyond Meat Inc reported its first ever net profit and raised its full-year sale...
Consulte Mais informação »
Beyond Meat expenses surge as manufacturing ramps up; shares fallBeyond Meat Inc's expenses more than doubled in the third quarter as the ve...
Consulte Mais informação »
Nordstrom family won't raise its stake in department store chain, shares fallNordstrom shares dipped on Monday after the department store chain said in a filing with the Securities and Exchange Commission that the Nordstrom family won't increase its stake in the company.
Consulte Mais informação »
Trump shares image of hero dog injured in Baghdadi raidPresident Trump has released a photo of the Army Delta force dog that was injured in the raid that resulted in the death of ISIS' founder. The dog is recovering, and its name hasn't been released.
Consulte Mais informação »
Beyond Meat shares plunge nearly 20% despite solid results as insiders rush for the exitsRoughly 80% of Beyond Meat's outstanding shares will become eligible to trade on Tuesday, which could pressure the stock in the near-term.
Consulte Mais informação »
Beyond Meat turns its first profit, topping estimates, but shares sink“We have a myopic focus on doing one thing, which is building a perfect piece of meat directly from plants,” Beyond Meat CEO Ethan Brown says. Where do you fall on the plant-meat debate?
Consulte Mais informação »