From Shake Shack to Wingstop, restaurant public offerings have provided some much-needed flavor to what has been one of the quietest periods for IPOs since 2013. Shake Shack surged 130% in its debut in January, and Wingstop jumped more than 60% when it IPO'ed just last week. And now capitalizing on investor appetite for restaurant stocks is Brazilian steakhouse chain Fogo de Chão, which on Friday made its debut on the Nasdaq and popped nearly 30% in its first minutes on the market.
From Shake Shack to Wingstop, restaurant public offerings have provided some much-needed flavor to what has been one of the quietest periods for IPOs since 2013. Shake Shack surged 130% in its debut in January, and Wingstop jumped more than 60% when it IPO'ed just last week. And now capitalizing on investor appetite for restaurant stocks is Brazilian steakhouse chain Fogo de Chão, which on Friday made its debut on the Nasdaq and popped nearly 30% in its first minutes on the market.
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