affluent blacks / Black Dallas / Dining

Dallas-Based Fogo de Chao’s Stock Sizzles on Opening Day | Dallas Business Journal

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Fogo de Chao stock sizzles on its opening day - Dallas Business Journal

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.

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via Fogo de Chao stock sizzles on its opening day – Dallas Business Journal.

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