sweetgreen

sweetgreen

'In a Weird Way We Were Very Well Positioned for This': Sweetgreen Reopens Stores and Brings Back Workers

Sweetgreen isn’t a tech company—but for a salad chain, it sure acts like one. On Monday, the company launched a monthly subscription service for discounted bowls of its leafy greens.

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Investors tucked away Sweetgreen shares by the forkful on Thursday, driving the price of the salad chain's stock up more than 76% to a closing price of $49.50 per share.

The Culver City company raised $364 million in its New York Stock Exchange debut, selling 13 million shares at $28 a pop. Originally, the company had targeted a price per share of $25 at the high end.

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Sweetgreen Reveals Soaring Revenue, Big Stock Grant for Founders in IPO Filing

Sweetgreen, the Culver City salad chain that aims to double in size over the next five years, is gearing up for its closely watched debut on the New York Stock Exchange.

Here's everything you need to know about the greens purveyor — from its founders' special shares to its dearth of profits — before trading is expected to kick off on Thursday.

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