Shares in Just Eat (LSE: JE) soared 7% on a trading update — not a move to be sniffed at for a share many already consider overly expensive — and it’s well ahead of its IPO price. What’s driving the gains?
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VIDEO: One Fool looks into what could be driving the gains at Just Eat plc (LON:JE).
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
Shares in Just Eat (LSE: JE) soared 7% on a trading update — not a move to be sniffed at for a share many already consider overly expensive — and it’s well ahead of its IPO price. What’s driving the gains?