Restaurant stocks are exciting again following Friday's public debut Friday of El Pollo Loco on the Nasdaq. After climbing more than 60 percent over the opening price of $15 per share in the first day of trading, El Pollo Loco’s share price continued to soar on Monday, more than doubling its IPO price by midday. Given that the IPO was only a few days after Chipotle Mexican Grill reported rather spectacular second-quarter results, with same-store sales rising 17.3 percent despite ...
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Contact: Desiree Torres Desiree.Torres@penton.com