how much do we love those
stories?
if this little noodle chain has
the best first day performance
of any ipo this year?
the price range for this deal
was supposed to be between 15
and 17.
what a sleeper.
turns out, when it happened,
noodles and company priced at a
slight premium, $18 a share.
but the moment the darn things
open for trading, it shoots
through the roof, instantly
doubling to $32.
if you got a piece of this
noodles and company, you got
100% gain in the space of a
heartbeat.
and noodles hasn't stopped.
stock closed at $36.75 on
friday.
and then it rallied again.
closed at $38.18.
noodles?
so we ought to ask ourselves
what the heck happened with this
noodles deal, and why is the
stock still roaring?
noodles and company may be a
well-run company with terrific
growth prospects, but you don't
expect this kind of performance
from a fast food chain.
sure, chipotle doubled on its