Investors are chowing down on shares of newly minted publicly traded hot dog chain Portillo’s.
Shares of Portillo’s (PTLO) — a Chicago-founded outfit with a cult-like following across nine states — exploded more than 50% as investors ate up the stock on its first day of trading on Thursday.
“While we are a 58-year-old company, we are still infants when it comes to our growth inflection point,” Portillo’s CEO Michael Osanloo said on Yahoo Finance Live.
Osanloo isn’t kidding when he said…
Source link