Jersey Mike’s Shows a Sub-par Performance in Early IPO Action

Jersey Mike's Subs (JMKE) opened trading at $21.00 after pricing its IPO at $23.00, which was in the middle of the expected range of $21.00 to $25.00. Shares moved to as high as $22.20 in early action before settling back The company raised more than $1B with the</p

Jersey Mike’s Subs (JMKE) opened trading at $21.00 after pricing its IPO at $23.00, which was in the middle of the expected range of $21.00 to $25.00.

Shares moved to as high as $22.20 in early action before settling back

The company raised more than $1B with the

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