Teen and preteen discount retailer Five Below on Thursday saw strong investor support in its first day of trading as a public company that sent its shares up as high as 73.1 percent from where it priced the night before.
The Philadelphia-based firm priced its shares at $17 each Wednesday night, which was at the top end of its pricing range. The shares opened at $26.10, and ended the trading session up 55.9 percent to close at $26.50 after rising as high as $29.43 in intraday trading.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"