Why GrubHub (GRUB) Stock Is Soaring Today

NEW YORK (TheStreet) -- Shares of GrubHub Inc. (GRUB) are soaring 8.17% to $36.40 on the heels of Priceline's (PCLN) announcement this morning to acquire OpenTable (OPEN).

GrubHub, which owns websites including Seamless.com and Menupages.com, allow users to order food and read restaurant reviews.

They all operate on online and mobile platforms which is a similar business model to OpenTable.

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