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Portillo's (PTLO) IPO Prices at High-End Range, Valuing Hot Dog Chain at ~$1.43 Billion

Go back to Portillo's (PTLO) IPO Prices at High-End Range, Valuing Hot Dog Chain at ~$1.43 Billion

Portillo's (PTLO) IPO Opens 30% Higher, Valuing Hot Dog Chain Near $2 Billion

October 21, 2021 11:01 AM EDT

Today's IPO for Portillo's Inc. (NASDAQ: PTLO) opened for trading at $26 after pricing its initial public offering of 20,270,270 shares of its common stock at a price to the public of $20 per share, the top end of the expected $18-$20 range.

Portillo's valuation based... More