Inspire Brands, the private restaurant conglomerate behind Dunkin', Arby's, Buffalo Wild Wings, Sonic Drive-In, Baskin-Robbins, and Jimmy John's, filed for an initial public offering (IPO) on May 8, 2026, according to a regulatory filing with the U.S. Securities and Exchange Commission. The company plans to list on the Nasdaq under the ticker symbol 'INSP' and aims to raise up to $1.5 billion.
The IPO filing reveals that Inspire Brands generated $12.8 billion in revenue in 2025, with net income of $1.2 billion. The company operates over 11,000 restaurants globally. Proceeds from the offering will be used to pay down debt and for general corporate purposes.
In other market news, Micron Technology shares surged 15% on May 9, 2026, following an upgrade from analysts at Goldman Sachs, who cited strong demand for memory chips used in artificial intelligence applications. The stock closed at $145.32, its highest level in over a year.
Investors are also watching the broader market, with the S&P 500 up 0.3% and the Nasdaq Composite gaining 0.8% on the day, driven by tech stocks.
