No One’s Talking About A Burrito Bubble

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USA TODAY: Shares of the Mexican-food chain became a hot tamale Thursday on Wall Street when they more than doubled in their first day of trading, gaining $22 to $44.
The stock’s smoking first day says as much about initial public offerings as burritos. It’s the first time shares of a U.S. company have doubled in their first day since November 2000, when computer-chip maker Transmeta gained 115%, Thomson Financial says.

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About David Burn

Native Nebraskan seeking the perfect pale ale in the Pacific Northwest. Disc golfer. Fan of Kurt Vonnegut, community radio and wolves in the wild. Copywriter and brand strategist at Bonehook. Co-founder and editor of AdPulp.