Dunkin Donuts Stock Symbol and Investment Guide

Author

Reads 1.1K

A Dunkin' coffee cup stands outdoors on a surface, captured in soft evening light.
Credit: pexels.com, A Dunkin' coffee cup stands outdoors on a surface, captured in soft evening light.

If you're considering investing in Dunkin' Donuts, you'll want to know the stock symbol. The Dunkin' Donuts stock symbol is DNKN.

Dunkin' Donuts is a well-established brand with a long history dating back to 1950.

The company was founded by William Rosenberg in Quincy, Massachusetts.

DNKN is listed on the NASDAQ stock exchange, which is a popular platform for tech and growth companies.

Related reading: Dozen Donuts

Stock Symbol and Ownership

Dunkin Brands listed its shares on the Nasdaq exchange under the stock symbol DNKN.

The initial public offering (IPO) raised $422.75 million and ended the day with a market cap of $3.5 billion.

Dunkin stock was up nearly 50 percent over the IPO price by the end of the first day of trading.

Unfortunately, Dunkin stock is no longer available on popular trading platforms like Robinhood, E*Trade, or tastytrade.

Dunkin stock's last day of trading on the Nasdaq was December 14, 2020, when it achieved its all-time high of $106.48.

Inspire Brands acquired Dunkin in late 2020, offering an all-cash deal that rewarded shareholders with a 20 percent premium over Dunkin stock's price as of October 23, 2020.

Shareholders received $106.50 per share, and Dunkin stock was delisted from the Nasdaq exchange on December 15, 2020.

Here's an interesting read: Authentic Brands Group Stock Symbol

Nasdaq: Dnkn

Credit: youtube.com, What Exactly Is The NASDAQ?

Dunkin Brands listed its shares on the Nasdaq exchange under the stock symbol DNKN. Investors responded with tremendous enthusiasm, with the stock price up nearly 50 percent over the IPO price by the end of the first day of trading.

Dunkin stock's last day of trading on the Nasdaq was December 14, 2020, the same day it achieved its all-time high of $106.48.

The company raised $422.75 million from listing on the public exchange and ended the day with a market cap of $3.5 billion.

Unfortunately, Dunkin stock is not available on popular trading platforms like Robinhood, E*Trade, or tastytrade.

Here's a brief summary of the stock's performance around its last day of trading:

  • Closing price: $106.48
  • Date: December 14, 2020

Who Owns Dunkin

Dunkin is owned by Inspire Brands, a company that acquired it in late 2020.

Inspire Brands made an all-cash offer to purchase Dunkin, rewarding shareholders with a 20 percent premium over the stock's price as of October 23, 2020.

Curious to learn more? Check out: Dunkin Donuts

Credit: youtube.com, what happened to DNKN - Dunkin Donuts Stock GONE?! - Here's why

The deal closed on December 15, 2020, at which time shareholders received $106.50 per share, and Dunkin stock was delisted from the Nasdaq exchange.

Today, Inspire Brands has a strong presence in the restaurant industry, with 32,000 restaurants located in 56 global markets, and employing over 650,000 company and franchise team members.

Investment and Performance

Dunkin' Brands Group has a great market position in the US, similar to what a Tim Hortons might have in Canada.

Their Baskin-Robbins brand has great global growth potential.

The company has done a good job of generating a return through expansion in the mid-west.

They were spun out from a private equity firm and have a significant amount of debt on their balance sheet.

Despite this, they have been able to expand into the Western US.

The company is considered fully valued, which might make it a less attractive investment option for some investors.

See what others are reading: Stock Symbol for Us Steel

IPO Price

Dunkin Brands' IPO price was $19 in July 2011.

Credit: youtube.com, Pre IPO Investing Explained | Should You Buy Pre-IPO Stock?

This price was set after the company had announced its goal of expanding to 15,000 stores across the United States by 2031.

The company had already established 6,800 locations and was beginning to explore the West Coast market, but only had 100 locations beyond the Atlantic Seaboard at that time.

Recommended read: Brcc Stock Symbol

Return

Return is a key factor to consider when evaluating an investment's performance. Dunkin' Brands Group has done a good job of generating a return through expansion in the mid-west.

They have also expanded into the Western US, showing a solid growth strategy. A Top Pick from March 20/12, Dunkin' Brands Group was up 22.41%.

Is a Good Investment?

When evaluating an investment, it's essential to consider expert opinions. Dunkin' Brands Group was recommended as a Top Pick by someone on a specific date.

Some experts believe in the potential of Dunkin' Brands Group as an investment, which could be a good sign. However, investment decisions should always be based on thorough research and analysis.

The latest stock experts ratings for Dunkin' Brands Group are worth checking out, as they can provide valuable insights into the company's performance.

Why Is Dropping?

Woman Wearing Black Shirt in a coffee shop
Credit: pexels.com, Woman Wearing Black Shirt in a coffee shop

Dropping stock prices can be a worrisome trend for investors. Earnings reports or recent company news can cause the stock price to drop.

A company's earnings report can reveal unexpected losses or decreased revenue, sending stock prices plummeting.

Recent company news can also impact stock prices, such as a major product recall or a change in leadership.

Expand your knowledge: News Corp Stock Symbol

Frequently Asked Questions

Will Dunkin' Go public?

There are ongoing discussions about taking Dunkin' public, with a potential valuation of $20 billion, but no official decision has been made. A possible initial public offering (IPO) could happen in late 2024 or 2025.

Is Dunkin still publicly traded?

No, Dunkin' Brands is no longer publicly traded as it was acquired by Inspire Brands in December 2020 and is now a privately held company. This change occurred in 2020, affecting the availability of a stock price.

What is Dunkin Donuts' new stock symbol?

Dunkin' Brands Group Inc changed its stock symbol to DNKN in 2011, after separating from its parent company. This change reflects the company's rebranding efforts to focus on its Dunkin' Donuts and Baskin-Robbins brands.

What is Dunkin Donuts' current stock price?

As of the latest update, Dunkin' Brands Group Inc's current stock price is $106.48. Check for the most recent market data for the latest information.

Vanessa Schmidt

Lead Writer

Vanessa Schmidt is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, she has established herself as a trusted voice in the world of personal finance. Her expertise has led to the creation of articles on a wide range of topics, including Wells Fargo credit card information, where she provides readers with valuable insights and practical advice.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.