Fogo sizzles on IPO; Fitbit logs healthy gains; CarMax skids
Hot IPOs and stalled car sellers were stocks investors were following based on Yahoo Finance ticker searches.
Fogo de Chão
Shares of Fogo de Chão (FOGO) sizzled on its debut. The Brazilian steakhouse chain IPO'd on the Nasdaq and soared well above its opening price of $20 a share.
FitBit
FitBit (FIT) logged more healthy gains after its Wall Street debut. The stock was up double digits after surging 48% on Thursday. The wearable fitness device maker priced its initial public offering at $20 a share on the New York Stock Exchange.
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CarMax
CarMax (KMX) shifted into reverse and was one of the S&P 500's (^GSPC) biggest decliners. The company slightly missed Wasll Street's sales expectations but met profit estimates for the first quarter at $0.86 a share. CarMax dealt with a slowdown in the used car market as sales for new cars surged.