NEW YORK (AP) — Shares of sandwich maker Potbelly more than doubled in their Nasdaq trading debut.
The company's stock soared $18.33 to $32.33 in morning trading Friday.
Potbelly extends the winning streak for foodies going public. In August natural and organic food store chain Sprouts more than doubled on its launch. Restaurant chain Noodles & Co.'s stock also more than doubled in its June debut.
Potbelly Corp. priced its initial public offering of 7.5 million shares at $14 per share, above the projected range of $12 to $13 each.
Potbelly is selling about 7.3 million shares, while certain stockholders are selling 150,131 shares.
The Chicago company raised $105 million in the offering, which is targeted to close Wednesday.
Potbelly's shares are trading under the "PBPB" ticker symbol.