ICYMI: Salt Lake City-based Traeger went public yesterday (NYSE:COOK), selling 23.5 million shares in its Initial Public Offering and raising over $420 million in the process.
As of this moment, Traeger shares are trading at $22/share, which gives the Backyard Tech company a market capitalization of over $2.5 billion.
Not bad. Not bad at all.
So congrats to CEO, Jeremy Andrus, and the entire team of "COOK-ers" at Traeger.
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{NOTE: Look for a deeper dive into Traeger in the days ahead.}
