IPO Watch: Bloomin' Brands, Peregrine Semiconductor - Presented by: The Aol. On Network

Shares of Bloomin' Brands, which operates Outback Steakhouse and other restaurant chains, rose by about 13 percent by midday Wednesday in the stock's first trading day on the Nasdaq. Late Tuesday, Bloomin' Brands priced its initial public offering of 16 million shares at $11 per share, below the $13 to $15 per share expected, for gross proceeds of $176 million.



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