The Container Store Share Price Doubles On First Day Of Trading

The Container Store Group Inc (NYSE:TCS) saw its share price double today in its first day of trading, hitting $36.74 from the initial price of $18, reports William Alden at The New York Times. The company raised $225 million at its IPO and has a valuation of $828 million.

Leonard Green stakes in Container Store

The Container Store Group Inc (NYSE:TCS) has been around since 1978, but it was acquired by private equity firm Leonard Green & Partners in 2007, and the firm still holds a 60% stake in...