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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Owain Bennallack has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.