Jersey Mike's Plans IPO with Potential $12 Billion Valuation
Jersey Mike's has filed for an IPO, with a potential valuation of $12 billion, though no specific date has been set. Most investors will not have pre-IPO access, and the best alternative is to invest in Blackstone, which holds a majority stake. Wall Street is optimistic about the IPO due to the success of other fast-casual restaurant IPOs.
Tickers: $BX
Topics: Investment Opportunities IPO Jersey Mike's Market Conditions