This hot dog restaurant just saw its stock price surge more than 50% on its IPO day

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…


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