Dunkin' Doughnuts - WAOW - Newsline 9, Wausau News, Weather, Sports

Dunkin' Doughnuts

(CNN)--The parent company of Dunkin' Donuts and Baskin-Robbins is making a strong showing today, on its debut as a public company.

Shares of Dunkin' Brands started trading at 25-bucks a piece on the Nasdaq...and rose as high as 26-dollars, 25-cents a share in the early going.

That's more than the initial public offering price of 19-bucks a share.

The company says it plans to use the I-P-O proceeds to pay down debt.

There are 68-hundred Dunkin Donuts locations in 36 states... and surprisingly, it sells more beverages than it does doughnuts.

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