Chuy's Holdings (CHUY) IPO Opens Sharply Higher

July 24, 2012 10:30 AM EDT Send to a Friend
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The IPO for Chuy's Holdings (Nasdaq: CHUY) is trading sharply higher after opening at 10:20AM ET at $15. Shares are now trading at $14.84 after is pricing 5,833,333 shares at $13 per share, the high end of the expected $11-$13 range.

Jefferies and Baird are serving as joint book-running managers for the offering. KeyBanc Capital Markets, Raymond James and Stephens Inc. are serving as co-managers for the offering.

Founded in Austin, Texas in 1982, Chuy's owns and operates 36 full-service restaurants across 8 states serving a distinct menu of authentic, made from scratch Tex Mex inspired dishes


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