Burger King Worldwide (NYSE:
BKW) is trading higher on the second day of trading after returning to the NYSE, as a publicly traded company. Burger King was taken private by 3G Capital in 2010.
The shares of Burger King opened for trading yesterday at $14.50 and closed 3.5% higher at $15.01. The initial excitement about the fast food chain's return to the NYSE shows that investors are expecting it to be able to challenge McDonald's (NYSE:
MCD) that is currently the largest fast food restaurant chain in the world.
Burger King is currently trading at $15.63, up $0.62 or 4.13% intraday.
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