GrubHub Unscathed by Lockup Expiration, Looks Toward Earnings

GrubHub's stock isn't up big since its IPO, only gaining about four percent since April of this year, when it debuted -- and that puts it off the pace of the S&P 500. However, the company managed to get through the IPO lockup expiration on October 1 relatively unscathed, and now investors are looking to see the company report a beat when it reports earnings on October 23. The clear leader in online food delivery is looking like a winning exit for its private equity sponsors, but next it will have to prove growth, which requires it getting even more restaurants signed up online.