The arts and crafts store operator’s shares dropped 21 cents, 1.2 percent, to $16.79 in morning trading on the Nasdaq.
Twitter had a strong public stock debut Thursday in the most highly anticipated initial public offering since Facebook’s last year.
Twitter finally has decided to go public, but it’s taking a route that will keep most of the details about its business private for a while longer.
Luxury retailer Neiman Marcus plans to raise up to $100 million from an initial public offering of its common stock. That amount is likely to change, though, as bankers gauge investor interest.
Arts and crafts retailer Michaels is crafting a return to public stock markets with its filing Friday for a $500 million initial public offering.
Del Frisco’s Restaurant Group, a North Texas-based steakhouse chain, has filed regulatory papers to become a public company.