Guzman y Gomez in sizzling ASX debut
The shares soared to double the valuation put on the stock earlier in the week by Morningstar.
Founded in 2006, the company now has 185 outlets in mainly in Australia but also in Singapore, Japan and the US.
Shares in Australian quick service restaurant (QSR) group Guzman y Gomez had a spectacular debut on the ASX today, spiking 36% within minutes of listing.
Guzman y Gomez shares were sold at A$22 ($22.93) in the float, but spiked to A$30.25 after the company joined the ASX boards at midday.
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