Noodles & Company (NDLS) Maintains Momentum in Post-IPO Trading
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Noodles & Company (Nasdaq: NDLS) is at it again for a second-straight session following its IPO last Friday.
After pricing the IPO at $18, shares opened at $32. Closing at $36.75, shares more than doubled on its first session.
Currently, the stock is up another 8.2 percent. With about 22.3 million Class A shares outstanding after the offering, Noodles & Company is valued at nearly $900 million.
After pricing the IPO at $18, shares opened at $32. Closing at $36.75, shares more than doubled on its first session.
Currently, the stock is up another 8.2 percent. With about 22.3 million Class A shares outstanding after the offering, Noodles & Company is valued at nearly $900 million.
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