Sunday, July 22, 2012
Value retailer Five Below sizzles in market debut
Five Below Inc's shares surged as much as 65 percent in their market debut, as investors rushed to grab a piece of the teen-focused value retailer. Screen-shot of Five Below's websiteThe U.S. IPO market, which had a month-long lull following the disappointing Facebook Inc offering in May, has seen a revival of sorts in recent weeks. Five Below's strong start follows that of other consumer companies such as teen retailer Tilly's Inc in May and specialty retailer Francesca's Holdings Corp last
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