Shares of Annie's closed up 89% Wednesday after it's IPO (initial public offering). Of course, anyone who eats gluten free is familiar with Annie's -- not only because they are an organic food company, but also because they have gluten free offerings. According to CNN Money, Annie's IPO was much-anticipated, and the IPO underwriters, Credit Suisse and JPMorgan Chase, "pushed up the pricing of the public offering late Tuesday at $19 per share from what was already an upwardly revised target range of $16 to $18." See the CNN Money article, here; an article by the Courier-Post, here.
Yeah, Annie's!
Yeah, Annie's!
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