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Tech Tracker: How digital tech is capitalizing on the hot restaurant reservations market
Tock and Google now offer experience reservations; Diibs launches as a platform for bidding on last-minute reservations
Ron Ruggless
Chuy’s Holdings Inc., the casual-dining Mexican restaurant operator, debuted on the public market Tuesday, bucking a down market to close up 15.9 percent.
The 36-unit Austin, Texas-based company offered 5.8 million shares at $13 each, the top end of its forecasted price offering between $11 and $13 per share. The stock closed Tuesday at $15.06, boding well for upcoming restaurant public stock offerings, including Southlake, Texas-based Del Frisco’s Restaurant Group, which is scheduled to debut on the market Friday.
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In comparison to Chuy’s first-day spike Tuesday, the Dow fell 0.8 percent and Nasdaq fell 0.9 ...
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