Buy Stock | Dunkin’ Stocks Already Sound Overvalued

Last week you told you that Goldman Sachs was advising its customers not to purchase stock in sequence restaurants. So this week seems similar to the best time for Dunkin’ Brands, that owns the doughnut-and-coffee-and-terrible-bagels megachain, together with Baskin Robbins, to go open with a $400 million IPO.

Oh, did you write $400 million? Well, Bloomberg says the firm is seeking to elevate $460 million; the Post is stating that it’s obviously seeking to take in $600 million when it starts selling shares to the open this week. That’s quite the change! Anyway, the idea, apparently, is serve enlargement is to doughnut chain, that you theory means they’ll find a way to squeeze even more locations in to New York?

Dunkin’ Brands Seeks $460.6 Million in IPO [Bloomberg]
Dunkin’ Donuts to speed up IPO to $600 million [NYP]
Related: Goldman Sachs: Restaurant Stocks Are a Bad Buy