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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.