Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Chicken wing chain Wingstop gains 60% in its stock market debut

Akin OyedeleJun 12, 2015, 20:22 IST

Wingstop is up more than 60% in its public market debut.

The chicken wings chain priced had priced its shares at $19, more than the previously indicated range of between $16 and $18 a share.

The stock rose as high as $31 per share early Friday. At this price, the company is valued at around $880 million.

It is trading on the Nasdaq under the ticker symbol "WING."

According to its IPO filing with the SEC, Wingstop had $8.9 million in profits last year, and his seen growth in net income annually over the last three years.

NOW WATCH: Chickens Today Are Shockingly Bigger Than They Used To Be

Please enable Javascript to watch this video