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Morning Movers: Potbelly Corp. (PBPB) IPO Kicks Off Trading On Nasdaq

2013-10-04 101 Dailymotion

Potbelly (NASDAQ: PBPB) kicked off trading today on Nasdaq after the sandwich maker priced its initial public offering (IPO) at $14 per share, above the expected range of $12 - $13. The Chicago-based company raised $105 million from its IPO.

 

Shares of Potbelly soared over 134 percent to $32.85 in morning trading.

 

Video Credit: Reuters