Krispy Kreme Inc.
DNUT,
+18.59%
began trading Thursday, rising as much as 3% before pulling back to a 0.1% decline, then rising again, up 9.4%, in its opening moments as a publicly-traded company. Krispy Kreme was previously public before JAB Holdings Co. took it private in a May 2016 deal. Krispy Kreme priced at $17 per share, well below the $21-to-$24 expected range. Krispy Kreme joins Torrid Holdings Inc.
CURV,
+18.21%
and a number of other companies that began trading this week. The Renaissance IPO ETF
IPO,
-1.65%
is up 0.9% for the year to date while the S&P 500 index
SPX,
+0.48%
has gained 14.7% for the period.