Sweetgreen’s IPO, Support for Spanx, & Good Stock, Nvidia!

Salad chain Sweetgreen made its trading debut today on the New York Stock Exchange. The D.C.-based company, which was founded in 2007, is trying to tap into what it describes as a grossly underserved market for fast-food that is also fresh, seasonal, and healthy. Sweetgreen co-founders Jonathan Neman, Nicolas Jammet and Nathaniel Ru explain their vision for a “McDonald’s of this generation.” Deere & Co. workers approved a new contract late yesterday, delivering 10% raises immediately and ending a month-long strike for more than 10,000 employees. Shares of Nvidia are soaring after reporting a 60% year-over-year increase in adjusted quarterly earnings per share and a 50% year-over-year rise in revenue. Both measures exceeded expectations. More than 2 million children have already received their first dose of Pfizer’s Covid vaccine, just two weeks after the CDC authorized distribution of the shots for kids ages 5 to 11. Plus, Oprah, Reese Witherspoon...and Joe Kernen love their Spanx!

In this episode:
Jonathan Neman, @sweetgreen
Nicolas Jammet, @nicolasjammet
Nathaniel Ru, @nathanielru
Andrew Ross Sorkin, @andrewrsorkin
Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Katie Kramer, @Kramer_Katie

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