initial public offerings (IPOs) trading on American exchanges

Wednesday, July 3, 2013

Noodles & Company (NDLS) began trading on the NASDAQ on 28 June 2013

  • 6/28/13 : The fast-casual restaurant chain opened up 78% at $32 a share Friday after pricing a day earlier at $18 a share. By midday in New York, the stock price had more than doubled to $37.69 a share.
  • Noodles & Co. sold nearly 5.4 million shares, raising $96.4 million. It may still sell additional shares to underwriters. 
  • This even after Noodles & Co. boosted its expected price range earlier this week to $15 to $17 a share after saying last week that it anticipated a range of $13 to $15 a share.


Noodles & Company is a casual restaurant concept offering lunch and dinner. The Company offers noodle and pasta dishes, staples of many cuisines, with the goal of delivering fresh ingredients and flavors globally under one roof from Pad Thai to Mac & Cheese. The Company’s globally inspired menu includes a variety of cooked-to-order dishes, including noodles and pasta, soups, salads and sandwiches, which are served on china by its friendly team members. As of May 28, 2013, including the 16 Company owned restaurants and one franchise restaurant opened in 2013. The Company opened 39 new company owned restaurants and six franchise restaurants. In 2012, the Company began using Your World Kitchen to describe the breadth of its offering and its customers' dining experience.


Suite D, 520 Zang Street
United States

No comments:

Post a Comment