Reported Earlier, Jersey Mike's Initial Public Offering Prices 43,478,261 Class A Shares At $23.00 Per Share
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Why It Matters
Jersey Mike's is selling pieces of their company to the public for the first time, with each piece costing $23. When a company does this, it means they want to grow bigger, so watch if customers keep loving their sandwiches and if the company makes good decisions with the money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.