Jersey Mike's Shares Lag Behind Average First-Day Performance for IPOs This Year -- WSJ

By Mark Maurer

Jersey Mike's Subs shares fell 6% on their first day of trading on the New York Stock Exchange. That compares with average first-day performance for IPOs of positive 17% this year through July 30 across 80 companies, according to Dealogic. The sandwich chain's IPO priced at $23 per share, which was the midpoint of its marketed range of $21 to $25 per share.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

July 30, 2026 17:15 ET (21:15 GMT)