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Doughnut brand prices stock at $17 a share in opening, below $21-$24 range projected earlier
Krispy Kreme Inc. priced its initial public offering at $17 a share, down from an earlier projected range of $21 to $24 a share, as it begin trading Thursday on the Nasdaq Global Select Market. It closed Thursday at $21 a share, more than 23% above its midday debut.
The Charlotte, N.C.-based doughnut brand said Wednesday it planned to sell 29 million shares, raising about $500 million. The number of shares was increased from earlier stated plans, but the amount raised was short of the more than
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Krispy Kreme trims IPO share price to $17 nrn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nrn.com Daily Mail and Mail on Sunday newspapers.