Mark Mednansky speaks with Nationâ€™s Restaurant News about the future of the casual-dining operator, which made its Wall Street debut Friday
Del Frisco's Restaurant Group Inc. made its market debut Friday, but investors’ appetite for the steakhouse chain was subdued. Del Frisco’s stock opened down about 1.9 percent, at $12.75 a share, from an initial IPO pricing of $13. Southlake, Texas-based Del Frisco’s, trading as DFRG, had originally forecast a range of $14 to $16, and it also reduced the volume of shares offered to 5.8 million from the 7 million planned. RELATED • Del Frisco’s Restaurant Group ...
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Contact: Desiree Torres Desiree.Torres@penton.com