MARKET PULSE-GrubHub, Mercury Systems, Halozyme, Aetrium, Mylan
(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks opened higher on Friday, putting both the Dow and S&P 500 at record levels after the March payrolls report suggested the economy may be gaining momentum. The Dow Jones industrial average was up 0.15 percent at 16,597.79, the S&P 500 was up 0.24 percent at 1,893.22 and the Nasdaq Composite was down 0.15 percent at 4,231.479.
** GRUBHUB INC, $36.73, +41.27 pct
Shares of the biggest U.S. online food delivery services company rose as much as 57 percent in their market debut, valuing the company at about $3.20 billion.
The company's IPO was priced on Thursday at $26 per share, slightly above an already raised expected range of $23-$25 per share.
** BOEING INC, $129.61, +0.64 pct
** MERCURY SYSTEMS INC, $14, +5.82 pct Continued...