The big news on the IPO front this week, of course, was the better-than-expected debut of Dunkin’ Brands, the Canton, Mass.–based operator of the Dunkin’ Donuts and Baskin-Robbins chains.
Dunkin’ shares were offered at $19 apiece, exceeding the initial $16-18 per-share goal envisioned by underwriters J.P. Morgan, Barclays Capital, Morgan Stanley, BofA Merrill Lynch, and Goldman, Sachs. When trading began Wednesday, shares were selling at nearly $25 each and closed the day around $28. The company raised more than $422.75 million dollars via the offering.
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