Is Grubhub losing money? — Market Mad House

People are asking is Grubhub (NYSE: GRUB) losing money because the rumor mill claims the food delivery app is for sale.

The Wall Street Journal claims Grubhub’s management is investigating “strategic options.” The term “Strategic options” is The Journal’s euphemism for seeking an acquisition.

However, Grubhub’s management insists the company is not for sale, Barron’s reports. “We felt it was important to clarify that there is unequivocally no process in place to sell the company and there are currently no plans to do so,” a…