Wingstop goes public — and sees shares soar 61 percent
Wall Street is going to need more napkins.
Wingstop, a 745-store wings restaurant, went public on Friday — and promptly soared 61 percent in its debut.
The Dallas company follows Bojangles, Shake Shack and Habit Burger in floating shares in the last seven months and seeing hungry investors gobble them up — without a hint of indigestion.
Wingstop shares, priced at $18, above the expected range, closed at $30.59 in trading on the Nasdaq under the ticker symbol WING. The IPO raised nearly $70 million for selling shareholders — including former Dallas Cowboys quarterback Troy Aikman, the face of the company.
http://nypost.com/2015/06/12/wingstop-goes-public-and-sees-shares-soar-61-percent/
Wall Street is going to need more napkins.
Wingstop, a 745-store wings restaurant, went public on Friday — and promptly soared 61 percent in its debut.
The Dallas company follows Bojangles, Shake Shack and Habit Burger in floating shares in the last seven months and seeing hungry investors gobble them up — without a hint of indigestion.
Wingstop shares, priced at $18, above the expected range, closed at $30.59 in trading on the Nasdaq under the ticker symbol WING. The IPO raised nearly $70 million for selling shareholders — including former Dallas Cowboys quarterback Troy Aikman, the face of the company.
http://nypost.com/2015/06/12/wingstop-goes-public-and-sees-shares-soar-61-percent/
nikkas 1 starred me twice. Damn
