Portillo's (PTLO) CEO On Going Public Via IPO

Portillo's (PTLO) went public today via an IPO. The American fast casual restaurant chain specializes in serving Chicago-style food, such as hot dogs and Italian Beef. The IPO was priced at $20 per share and the stock opened for trade at $26 per share. CEO Michael Osanloo says that the company has never closed a restaurant in its 58-year history. What is next for Portillo's and how will the stock continue to perform?

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21 Oct 2021

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