Heard on the Street: Tech leaders have had a lot to say about their companies’ poor performance, but few are throwing in the towel on grandiose plans that have hobbled them
for U.S.-centric Grubhub, an acquisition it closed on only just last year. The lights are still on, though, with management recently raising adjusted earnings guidance for the second half of the year.
“Fortune favors the brave” exclaimed Matt Damon in last year’s Crypto.com commercial—pretty much a cautionary tale for new and shiny investments from the moment the words left his mouth. History is filled with those who “almost adventured…who almost achieved,” he said.Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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