Twin Peaks launches on Nasdaq as restaurant IPOs gain momentum in 2025

Twin Peaks began trading on the Nasdaq under the ticker "TWNP," marking the first restaurant IPO of 2025. This follows a challenging period for IPOs, especially in the consumer sector, due to economic pressures. The IPO market has been slow, with many companies opting for sales instead of public offerings. Recent IPOs, like Smithfield Foods, faced difficulties, with shares dropping after debuting below expectations. Despite past challenges, experts anticipate more IPOs in 2025, including from restaurants like Panera and Fogo de Chao, as market conditions improve.