Peet's Coffee raises $2.5 billion in an IPO despite the coronavirus pandemic

Peet's Coffee raises $2.5 billion in an IPO despite the coronavirus pandemic

Business Insider

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· *Peet's Coffee raised $2.5 billion in its initial public offering, one of the largest this year despite the coronavirus pandemic. *
· *The company announced its IPO plans just 10 days ago. *
· *Shares of Peet's Coffee surged as much as 17% in its first day of trading. *
· *Read more on Business Insider.*

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