Ollie's Shares Soar In IPO As Investors Bargain Hunt

With the ringing of the Nasdaq opening bell Thursday by its CEO, Ollie's Bargain Outlet (OLLI) shot out of the chute to begin trading. Investors jumped in with both feet and ran its share price up as much as 44% in the stock's IPO. Late Wednesday, the retailer raised $143 million after pricing 8.9 million shares at 16, above the expected 13-15 range. Ollie's Bargain Outlet operates 187 closeout retail stores in 16 states. It reported $638 million

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