Our top pick for
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Iconic doughnut brand Krispy Kreme (DNUT) conducted its IPO today, with shares opening at $16.30 and trading as high as $19.
The IPO shares had been priced at $17, well below the expected range of $21-$24 per share. That suggests Wall Street wasn't too excited to buy in.
Once Krispy Kreme goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
Shares are trading now on the Nasdaq as DNUT.
JPMorgan, Morgan Stanley, BofA Securities and Citigroup were the lead bookrunners for the deal.
This isn't the first time Krispy Kreme has conducted an IPO. The company went public in 2000 but was taken private by JAB Holding in 2016.
Krispy Kreme is one of the largest doughnut and coffeehouse chains with over 1,000 locations worldwide. Although Krispy Kreme is a private company, owned by JAB Holding Company, and its financials have been private, its balance sheet is now available in the Form S-1 it filed with the US Securities and Exchange Commission.
The doughnut chain has about $1.2 billion in debt, and some speculate that the $4 billion valuation JAB is reportedly seeking for the company could go to repay some of this debt.
As you can see, Krispy Kreme’s net revenue for the quarter ended April 4 was $321.8 million, up 23.2% from the same period of 2020. Operating income has jumped substantially, soaring 211.1% year-over-year.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Krispy Kreme can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.
*Signup bonus information updated weekly.
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Everything we know about the Chobani IPO, plus information on how to buy in.
Everything we know about the Stronghold Digital Mining IPO, plus information on how to buy in.
Everything we know about the ROX Financial LP IPO, plus information on how to buy in.
A way to invest in foreign companies on US stock exchanges.
Everything we know about the Argus Capital Corp IPO, plus information on how to buy in.
Everything we know about the RenovoRx IPO, plus information on how to buy in.
Everything we know about the Draganfly IPO, plus information on how to buy in.
Everything we know about the Society Pass Incorporated IPO, plus information on how to buy in.
Everything we know about the Guardforce AI Co IPO, plus information on how to buy in.
Everything we know about the IsoPlexis Corporation IPO, plus information on how to buy in.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.