Timmy Ho

it's amazing how one single stock can do for a whole industry. having had chipotle's stock doubling on the first day of trading, it's quite surprising to see how tim horton's shares literally got "flipped" on their first trading day. a market open of $31.95, high of $33 a few hours later and all the way downhill to close at $28.17, still a nice one-day return over the IPO price of $23.16. on such high volume, it's quite evident that many couldn't really wait to take their profit.

it's quite interesting to see the market open tomorrow to see how traders have thought this through over the weekend.