GYG share price

2024 - 6 - 20

Guzman y Gomez (GYG) Takes ASX by Storm: Shares Soar 36% on IPO Day

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Guzman y Gomez debuts on ASX at $22 and rockets to $30, Australia's first Spot Bitcoin ETF also makes its debut.

Guzman y Gomez, the beloved Mexican restaurant chain, has made a grand entrance into the ASX with its share price surging 36% on its IPO day. Opening at $30, a significant $8 above its listing price, investors eagerly embraced the opportunity, propelling GYG to a market capitalization of over $3 billion. This marks a turning point for Australian investors, signaling a resurgence in the IPO market after a two-year lull. The surge in GYG shares reflects the polarising nature of its IPO, attracting both enthusiastic support and critical scrutiny.

As the ASX witnessed the impressive debut of Guzman y Gomez, another major player emerged in the form of Australia's first-ever Spot Bitcoin ETF. This groundbreaking move further solidified the day's market highlights, showcasing a diverse range of investment opportunities for eager traders. With GYG's stock price listed at a significant premium, the stage was set for an eventful day on the ASX, with investors closely monitoring the unfolding developments.

In a surprising twist of events, GYG's stock price exceeded expectations, soaring to $30 and captivating the attention of market participants. The buzz surrounding the Mexican restaurant chain's IPO emphasized the growing appetite for new investment opportunities in the Australian market. As the dust settles on GYG's remarkable debut, it becomes evident that the ASX landscape is evolving, with innovative offerings like the Spot Bitcoin ETF reshaping the traditional investment landscape.

In conclusion, Guzman y Gomez's stellar performance on the ASX underscores the potential for dynamic growth and innovation in the Australian market. The success of its IPO and the introduction of Australia's first Spot Bitcoin ETF highlight the diverse opportunities available to investors, setting the stage for an exciting chapter in the financial landscape.

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Image courtesy of "Stockhead"

Market Highlights: GYG and VanEck's Bitcoin ETF to make ASX ... (Stockhead)

Guzman y Gomez debuts on ASX with $22 share price. Australia's first ever Spot Bitcoin ETF will also debut today.

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Image courtesy of "The Australian Financial Review"

ASX 200 LIVE: Guzman y Gomez surges 36.3pc to $30, tops $3b ... (The Australian Financial Review)

Guzman y Gomez shares opened at $30 on the ASX, $8 above its listing price, as investors piled into the biggest local float in the past three years.

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Image courtesy of "Market Index"

Guzman y Gomez soars 36% on ASX debut: Here's everything you ... (Market Index)

Guzman Y Gomez (ASX: GYG) might be one of the most polarising IPOs in recent history, earning both widespread popularity and significant criticism.

The Guzman y Gomez (ASX:GYG) share price has soared 36% to ... (Rask Media)

The Guzman y Gomez Limited (ASX:GYG) share price has jumped 36% to $30 on opening after its initial public offering (IPO).

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Image courtesy of "Reuters Australia"

Mexican restaurant chain IPO may be turning point for Australia's ... (Reuters Australia)

After two years in deep freeze, Australian investors will be looking for signs the initial public offerings market is thawing as fast-growing Mexican ...

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Image courtesy of "Motley Fool Australia"

Guzman y Gomez shares rocket 36% on IPO day (Motley Fool Australia)

Guzman y Gomez Limited (ASX: GYG) shares have had a flying start to life on the ASX boards. Here's what's happening on day one...

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Image courtesy of "Sky News Australia"

GYG stock price to be listed at a 'significant premium' (Sky News Australia)

"Datt Capital\u2019s Emanuel Datt discusses the listing of Mexican restaurant Guzman y Gomez on the ASX tomorrow.\n\n\u201cI think GYG is being priced at a ...

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Image courtesy of "The Guardian"

Guzman y Gomez share price surges 30% within minutes of ASX ... (The Guardian)

The Australian share market was treading water around midday after a public holiday closure for the US markets, although investors have built an appetite ...

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Image courtesy of "The Australian Financial Review"

GYG ASX: (The Australian Financial Review)

Guzman y Gomez shares opened at $30 on the ASX, $8 above its listing price, as investors piled into the biggest local float in the last three years.

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Image courtesy of "The Sydney Morning Herald"

Guzman y Gomez burritos bust the market with $3b debut (The Sydney Morning Herald)

Mexican fast-food chain Guzman y Gomez has clinched its place as the hottest float in years, soaring to a valuation of more than $3 billion on Thursday.

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