
Luxor Capital Group Lp decreased its stake in Grubhub Inc (GRUB) by 61.33% based on its latest 2019Q1 regulatory filing with the SEC. Luxor Capital Group Lp sold 700,593 shares as the company’s stock declined 21.21% while stock markets rallied. The hedge fund held 441,804 shares of the business services company at the end of 2019Q1, valued at $30.69 million, down from 1.14 million at the end of the previous reported quarter. Luxor Capital Group Lp who had been investing in Grubhub Inc for a number of months, seems to be less bullish one the $7.02B market cap company. The stock increased 1.45% or $1.1 during the last trading session, reaching $76.99. About 986,900 shares traded. Grubhub Inc. (NYSE:GRUB) has declined 37.45% since July 4, 2018 and is downtrending. It has underperformed by 41.88% the S&P500. Some Historical GRUB News: 17/04/2018 – Grubhub Makes Ordering Food with Friends Even Easier with Venmo Integration; 01/05/2018 – GrubHub 1Q EPS 34c; 23/04/2018 – GrubHub Touted by