Jersey Mike's Subs (JMKE.US) Opens Lower on Nasdaq Debut, Closing Down 5.96%

Stock News

07/31

Jersey Mike's Subs (JMKE.US) made its public market debut on Thursday, with shares closing the first trading day down 5.96% at $21.63. The initial public offering price was set at $23 per share.

Founded in 1956, Jersey Mike's Subs is a well-known American chain specializing in submarine sandwiches. The brand operates primarily through a franchise model and is recognized for its freshly sliced cold cuts, cheeses, and made-to-order sandwiches. The company currently operates more than 3,300 locations across the United States and Canada, and is actively expanding into international markets, including the United Kingdom and Ireland.

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