Kraft Disappoints with Initial Public Offering. (14-JUN-01) Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

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Kraft Disappoints with Initial Public Offering.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 14-JUN-01

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Byline: Nancy Dillon

Jun. 14--Kraft's ballyhooed debut on the New York Stock Exchange yesterday turned out as bland as watered-down Kool-Aid.

Shares in the maker of Altoids, Cheez Whiz and SnackWell's cookies failed to gain even 1 percent their first day of trading, closing up just 25 cents at $31.25....

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