No. of Recommendations: 8
Hi Andy,

Grub appears to be down close to 50% from its high of around $150 to $76.

I do not own GRUB, but they sure are growing like wildfire, and accelerating growth despite Q3 being a seasonally slower quarter.

Seems like the stock has been clobbered due to:

1) Company announcing they will continue to spend money in order to grow, and thus lowered EBITDA forecasts. (seems prudent to me, but what do I know?)

2) Worries over competition from Uber Eats, Doordash, and even Square's Caviar. Grub still has the leading market share of 34.4%, Uber Eats 28%, Doordash 18%, Postmates 12% and Caviar 3.5%.

3) Lots of high flyers have been trashed since October, like Square and many others despite posting fantastic results.

Although I do not believe GRUB is a recommendation in any Fool service (correct me if I am wrong), I did find lots of articles if you bring up the GRUB page, and scroll down a bit. I found them helpful to at least learn about what has been happening recently.

Seems to me it would be a time to add or start a small position rather than selling. Lots of competition here, but I see no reason why there would/could not be multiple winners in this arena.

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