Noodles & Company raises IPO price

Noodles & Company raises IPO price

Company now expects to generate up to $89 million

Noodles & Company raised the expected price range for its initial public offering on Tuesday to between $15 and $17 per share, which could generate up to $89 million, according to filings with the U.S. Securities and Exchange Commission.

Earlier this month, Broomfield, Colo.-based Noodles & Company set its price range at between $13 and $15 per share, which would have raised an estimated $77.5 million at the high end.

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