Buffalo Wild Wings IPO. The Wall Street Journal (subscription required) reports that the Buffalo Wild Wings IPO took off on the stock market last week. While the company sought to sell 2.7 million shares at $14-$16 per share, the demand for the shares ultimately raised the price to $16-$17 per share. Ultimately, the shares were trading on the NASDAQ for $21.73 per share. The pricing of shares above the range set by the company is unusual for restaurants -- even Krispy Kreme had not accomplished this feat in its IPO.
Posted by franchiselawblog at November 25, 2003 11:41 AM