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Brazilian steakhouse Fogo de Chao (Nasdaq: FOGO) closed at $25.75 Friday afternoon with 8,677,134 shares traded, marking a 28.75 percent price increase during its first day on the market.
The Dallas-based restaurant chain also had a market capitalization of more than $718 million. The stock peaked at a price of $26.55 during the day.
via Fogo de Chao stock sizzles on its opening day – Dallas Business Journal.
Affluent Blacks of Dallas 