Wednesday, August 8, 2012

IPOs for 2012: Bloomin Brands

IPO Bloomin Brands (BLMN) began trading today on the Nasdaq as reported on Omaha.com:

"Bloomin' Brands IPO was the biggest market debut since Facebook's disappointing entry in May chilled the market. Other companies scheduled to go public later this week include Carl's Jr. owner CKE Inc. and British soccer club Manchester United. The timing of the IPOs coincides with the final week before many on Wall Street go on break until after Labor Day. Because of that, most IPOs this week are tailored to the individual, rather than institutional, investor."

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