Wall Street welcomed Dunkin’ Brands Inc. to the stock market Wednesday with open arms, mainly because the parent company to Dunkin’ Donuts and Baskin-Robbins has room for growth, uses a franchise model and is more of a beverage company than anything, analysts say. Dunkin’ debuted on the NASDAQ Wednesday under the symbol DNKN and saw its stock price jump 47 percent to close at $27.85. The initial public offering was priced at $19 per share. With the sale of 22.25 million ...
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Contact: Desiree Torres Desiree.Torres@penton.com