Consumer
Convenience Store Chain Yesway Climbs After $280 Million IPO
Yesway Inc. shares rose 6.2% in the company’s trading debut, after the convenience store operator raised $280 million in an upsized initial public offering.
The company’s shares closed at $21.23 each on Wednesday in New York, above its IPO price of $20 apiece. Yesway sold 14 million shares at the bottom of its $20 to $23 marketed range.