Chipotle (CMG) Moves Higher Following Noodles & Co. (NDLS) IPO

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Noodles & Company (NDLS) IPO Rockets Higher

June 28, 2013 11:00 AM EDT

The IPO for fast-casual restaurant Noodles & Company (NASDAQ: NDLS) opened for trading at $32 after pricing 5,357,143 shares at $18, above the expected $15-$17 range.

Morgan Stanley & Co. LLC and UBS Securities LLC are acting as joint book-running managers for the IPO. Merrill Lynch, Pierce, Fenner &... More