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GrubHub CEO Trump Stance Hurt The Brand

CEOs have been cautiously expressing their views about a Donald Trump presidency. PepsiCo’s Indra Nooyi criticized Trump’s statements about women. New Balance supported his antitrade stance. GrubHub CEO Matt Maloney was more blunt, criticizing his employees for supporting Trump. The stock is down by one-fifth since its earnings report late last month on concerns of slowing growth.

Read the whole story at The Wall Street Journal »

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