Published Jul 30, 2026, 1:11 PM ET · Updated 3 months ago · 1 source

Blackstone-Backed Jersey Mike’s Falls 8.7% After $1 Billion IPO

bloomberg

Original Report

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.