Krispy Kreme priced its initial public offering at $17 a share, down from an earlier projected range of $21 to $24 a share, as it begins trading Thursday on the Nasdaq Global Select Market. It
closed Thursday at $21 a share, more than 23% above its midday debut, according to
Nation’s Restaurant News. The doughnut brand said Wednesday it planned to sell 29 million shares,
raising about $500 million.
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