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PBPB News

US IPO Recap: Twitter starts countdown to November offering, Potbelly pops

Twitter entered the final stages of its long-awaited offering, setting up what will likely be a pre-Thanksgiving debut, and sandwich shop chain Potbelly posted the second-best first-day return of the year in an eventful week for US IPOs. Consumer retailer...read more

Potbelly pops 120% on first day of trading

Potbelly, which operates 288 sandwich shops in the US, posted a 120% gain on Friday, the second best first-day gain of 2013. After trading as high as $33 before noon, the restaurant chain closed on Friday at $30.77, 208% above its original $10 midpoint. The...read more

Potbelly prices IPO at $14, above the range

Potbelly, which operates 295 antique-themed sandwich shops in the US, raised $105 million by offering 7.5 million shares at $14, above the range of $12 to $13. Potbelly plans to list on the NASDAQ under the symbol PBPB. Potbelly initially filed confidentially on...read more

Potbelly increases range to $12 to $13, proposed deal size is now $94 million

Potbelly, which operates 295 antique-themed sandwich shops in the US, raised the proposed deal size for its upcoming IPO on Wednesday. The Chicago, IL-based company now plans to raise $94 million by offering 7.5 million shares (2% insider) at a price range of...read more