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.

Must Read: Warren Buffett's 25 Favorite Growth Stocks

GRUB Chart

GRUB data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you liked this article you might like

Yum! Brands Reports Delectable Q4 and $200 Million Partnership With GrubHub

Yum! Brands Reports Delectable Q4 and $200 Million Partnership With GrubHub

Twitter and GrubHub Soar During Another Day of Market Mayhem -- ICYMI

Twitter and GrubHub Soar During Another Day of Market Mayhem -- ICYMI

Dow Dives 1,032 Points as Volatility Spikes, Bond Yields Rise

Dow Dives 1,032 Points as Volatility Spikes, Bond Yields Rise

Cramer: Finding Winning Stocks Is Like Finding a Needle in a Haystack

Cramer: Finding Winning Stocks Is Like Finding a Needle in a Haystack

Jim Cramer: Continue to Buy Grub Hub Shares - It Goes Higher!

Jim Cramer: Continue to Buy Grub Hub Shares - It Goes Higher!