NEW YORK (TheStreet) --
Today, its IPO is expected to raise $192 million for the company, at a valuation near $2 billion:
2.) There might be huge demand for the GrubHub IPO. The company had initially planned to price shares at $23, but several recent developments reveal that they are now offering 7.4 million shares at $26 per share. Citigroup (C) and Morgan Stanley (MS) are the joint bookrunners in this IPO:
GrubHub prices upsized IPO at $26, above the $23-$25 range $GRUB $IPO #IPO http://stks.co/r0Az0 -- Renaissance Capital (@IPOtweet) Apr. 3 at 06:57 PM3.) The GrubHub IPO could offer several clues into the strength of the market. Remember, the S&P 500
TGIPOFriday. 4 debuts set for today. $FIVN priced below range. $IMS in middle of range. $OPWR at high end of range. And $GRUB above range. -- Paul La Monica (@lamonicabuzz) Apr. 4 at 08:12 AMAt the time of publication, the author held no positions in any of the stocks mentioned. This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.