Deals
Dunkin’ Jumps 47% in First Day After $422.8 Million IPO
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Dunkin’ Brands Group Inc., the operator of Dunkin’ Donuts coffee shops, surged during the first day of trading after its $422.8 million initial public offering.
The shares rose $8.85, or 47 percent, to $27.85 at 4 p.m. New York time in Nasdaq Stock Market composite trading, after earlier gaining as much as 56 percent.