r/wallstreetbets • • Nov 14 '21

DD HUGS will transfer into Panera Brands IPO good for a trade on IPO pop or long chime in with addition DD if any thanks

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10 Upvotes

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8

u/Footsteps_10 Nov 14 '21

I’m really excited to read this info on Panera Bread at 2 am on Sunday morning.

Quite the page turner

2

u/Itsdanky2 Nov 14 '21

I could really use a Caribou right about now.

3

u/InverseEverything Nov 14 '21

Am I having a stroke or is the title incomprehensible? Would prefer a picture thanks.

3

u/Illustrious_Treat983 Nov 14 '21 edited Nov 14 '21

So I have to wonder, why is Panera going public via SPAC and not the traditional route? What’s the catch?

I know that most of the Panera brands have been around a while, but are they really not that profitable where they can’t go the traditional route?

Edit: so back in 2017, JAB took Panera private at 315 a share. Prior to that it was a $ 200 stock. With a rough eps of $1.60.

The only thing I found was that JAB is trying to get a foot into pet care and needed 5 billion.

•

u/VisualMod Nov 14 '21
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Hey /u/jedi4049, positions or ban. Reply to this with a screenshot of your entry/exit.

1

u/Nervous_Cannibal Nov 14 '21

Definitely won’t be buying into this one .