Dallas Salazar
IPOs, contrarian, long/short equity, long-term horizon

Papa Murphy's: Take And Bake Bag Holders

Who is Papa Murphy's Holdings Inc.?

Papa Murphy's Holdings Inc. (NASDAQ:FRSH) through its subsidiaries, owns, operates, and franchises "Take and Bake" pizza stores in the United States and most recently in Canada and the Middle East.

FRSH recently held an IPO on 5/2/2014 and sold 5,833,333 shares at $11/share, which was at the low end of an expected $11-$13 targeted range. The stock fell from its opening price of over $12 to finish the day at $11.05 with negative momentum. Jefferies and Baird were the lead underwriters.

This article will discuss the successful company that FRSH has become, the profitability of their business (or lack thereof), and the risks that buyers of this IPO face in the near...

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