Go long - Mainly based on the below fundamental analysis
Uber (UBER), Grubhub (GRUB) – The Wall Street Journal reports the CEOs of both companies met over the weekend to continue merger discussions, as they try to work out a stock-swap deal that would combine Uber’s delivery service, Uber Eats, with Grubhub. Grubhub continues to maintain that Uber’s current offer is too low.