Wednesday, March 22, 2006
IPO Central.
Will Tim Hortons Inc be another high flyer like the green mermaid or get stuck in the mud like the moosehead?? Tim Hortons Inc. (NYSE: THI) begins to trade on NYSE tomorrow, 3/23. So far the street seems to warm up to THI, since they have revised the IPO price from $18.00 ~ $20.00 per share to about $22.00 ~ 24.00 per share. Time will tell, and we just have to wait and see.
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3 comments:
i assume you saw this? kicking myself now!
I am not sure why all the sudden the investors are hungry for the restaurant IPOs. The next one up is Burger King. I sure don’t want to compete with those “hot money” bidding for the shares, besides there are many good stocks out there… : )
eh, but not every restaurant offering? i predict burger king will not do so well. i think tim horton's reminded people of krispy kreme + starbucks. (and tim horton's match-up against dunkin donuts has received MUCH press.) now i feel foolish for not jumping in. but i missed out on google, too!
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