Morning Movers: Potbelly Corp. (PBPB) IPO Kicks Off Trading On Nasdaq

Category: Markets / Finance / Oct 04, 2013 10:50AM EDT

Potbelly (NASDAQ: PBPB) kicked off trading today on Nasdaq after the sandwich maker priced its initial public offering (IPO) at $14 per share, above the expected range of $12 - $13. The Chicago-based company raised $105 million from its IPO.


Shares of Potbelly soared over 134 percent to $32.85 in morning trading.


Video Credit: Reuters