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Cara stock price soars as parent of Harvey's, Swiss Chalet returns to TSX

2015-04-10 18:07:34| IT Services - Topix.net

Shares of Cara began trading publicly for the first time in more than a decade on Friday and quickly jumped about 40 per cent above the price set for a $200-million stock offering by the Canadian restaurant company. Cara shares were as high as $33 after the first hour of trading, which was $10 above the IPO price set by Cara Operations - owner of the Harvey's, Swiss Chalet and other restaurant chains.

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