Seamless.com Owner GrubHub Surges After $192 Million IPO

GrubHub Inc., which lets hungry city dwellers order food online, surged in its trading debut after raising a higher-than-expected $192 million in an initial public offering.

The shares rose 31 percent to $34 after the company, which runs websites including Seamless.com and Menupages.com, and its shareholders sold the stock at $26 apiece.

ncG1vNJzZmivp6x7o7jOqKSbnaKce6S7zGilnq%2BjZK6zwMico56rX2d9coCMaWtmaGNktLPBwaGsm2Wilra0sdJmaHJqXaK2rbjIqKVmqKKesKq6xmagqaddlq%2BwwsRmpJqqm5rBprCMq5inn5U%3D