Shares of sandwich maker Potbelly more than doubled in their Nasdaq trading debut Friday. The company priced its initial public offering of 7.5 million shares at $14 per share, above the projected range of $12 to $13 each. The Chicago company is selling about 7.3 million shares, while certain stockholders are selling 150,131 shares. Potbelly is giving the underwriters a 30-day option to buy up to an additional 1.1 million shares.
Source: http://feedproxy.google.com/~r/time/business/~3/JLIY0FLhKes/
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