Blackstone-Backed Jersey Mike’s Falls 8.7% After $1 Billion IPO
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Jersey Mike’s Subs Inc. shares slumped 8.7% in their trading debut Thursday, after the company and some of its shareholders raised $1 billion in a US initial public offering that priced at the midpoint of its marketed range.
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Original article published by Bloomberg on July 30, 2026. Analysis and insights provided by AnalystMarkets AI.
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