Bojangles' (BOJA) Momentum Continues Following Solid IPO
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Bojangles' (Nasdaq: BOJA) is holding on to early gains following a strong IPO conducted last Friday.
After pricing 7.75 million shares at $19 apiece, which was above the previously expected $18 to $19 range, Bojangles' opened for trading at $26.55 per share. The stock ended the session up 25 percent to $23.75.
Shares of Bojangles' are up 0.8 percent, but off of earlier highs.
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