Jersey Mike's Aims for $8B Valuation in $1.09B NYSE IPO
Tom Rudovsky · Reported by Binance News
More coverage: Consumer
Sentiment
Positive
Importance
8
Price
0
Mkt Cap
0
52W Low
0
52W High
0
52W Position
Off High
Rel. Volume
Market data snapshot near publication time
Summary
Jersey Mike's is set to debut on the NYSE at an $8 billion valuation, selling up to $1.09 billion in stock. This follows last night's IPO pricing at $23 per share, with 43.48 million Class A shares offered. The offering marks one of the largest U.S. restaurant IPOs in recent years, coming after Blackstone acquired a majority stake in early 2025 for about $6 billion. The strong valuation and upsized deal signal robust demand for the fast-casual chain. Trading begins Thursday, with the opening price providing immediate feedback on market appetite.
This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Binance News.
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Jul 29, 2026, 7:10 PM EDT