Krispy Kreme prices IPO at $17 a share, well below range

National Financial Solution > Business Report > Krispy Kreme prices IPO at $17 a share, well below range


Krispy Kreme Inc. priced its initial public offering at $17 a share late Wednesday, significantly below their expected range of $21 to $24 a share.

The doughnut chain plans to sell 29.4 million shares, raising about $500 million.

Shares are expected to begin trading Thursday on the Nasdaq under the ticker symbol “DNUT” DNUT.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

X