El Pollo Loco Up 50% During IPO; Dow Falls 120 Points

The S&P 500 retreated from its record breaking day yesterday and ended the day down 9 points. The Dow Jones fell over 120 points and Nasdaq also ended the day in the red. El Pollo Loco (LOCO) debuted its IPO today with its shares rising 50% during its first day. The company set its initial price at $15 a share. After being up nearly 25,000% over the past couple of weeks, Cynk Technologies shares have fell 80%. Today was Cynk Technologies first day of trading after a suspension by the SEC two weeks ago.

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Published on Jul 25, 2014
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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