The Container Store debuts at $36, twice IPO price


NEW YORK (MarketWatch) — Specialty storage and organization-system retailer the Container Store Inc.’s newly issued shares
TCS,
+1.73%
debuted on the open market riday at $36, double the IPO price of $18 a share. The 62-store chain has posted 13 straight positive comparable-store-sales months and says it has the potential to grow its U.S. footprint to at least 300 locations. Read more: The Container Store doubles IPO price in hot debut.


View more information: https://www.marketwatch.com/story/the-container-store-debuts-at-36-twice-ipo-price-2013-11-01-1091333

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