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Vera Bradley shares off to impressive start

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Shares of Vera Bradley Inc. climbed in Thursday morning trading to as high as $23.90, a nearly 50-percent increase from the company’s initial stock price.

Vera Bradley shares began trading at $16 on NASDAQ Thursday under the symbol VRA.   

The Fort Wayne-based women’s accessory retailer said in a statement that it sold 11 million shares at that price, the top end of the initial public offering’s range.

The company sells online as well as through 3,300 independent retailers and 28 of its own full-price stores. It reported profit in its latest fiscal year of $43.2 million on $288.9 million in revenue.

As IBJ.com reported Wednesday, Vera Bradley is the first Indiana-based company to go public since Carmel-based used-vehicle auctioneer KAR Auction Services Inc. raised $300 million in December.

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  1. Those of you yelling to deport them all should at least understand that the law allows minors (if not from a bordering country) to argue for asylum. If you don't like the law, you can petition Congress to change it. But you can't blindly scream that they all need to be deported now, unless you want your government to just decide which laws to follow and which to ignore.

  2. 52,000 children in a country with a population of nearly 300 million is decimal dust or a nano-amount of people that can be easily absorbed. In addition, the flow of children from central American countries is decreasing. BL - the country can easily absorb these children while at the same time trying to discourage more children from coming. There is tension between economic concerns and the values of Judeo-Christian believers. But, I cannot see how the economic argument can stand up against the values of the believers, which most people in this country espouse (but perhaps don't practice). The Governor, who is an alleged religious man and a family man, seems to favor the economic argument; I do not see how his position is tenable under the circumstances. Yes, this is a complicated situation made worse by politics but....these are helpless children without parents and many want to simply "ship" them back to who knows where. Where are our Hoosier hearts? I thought the term Hoosier was synonymous with hospitable.

  3. Illegal aliens. Not undocumented workers (too young anyway). I note that this article never uses the word illegal and calls them immigrants. Being married to a naturalized citizen, these people are criminals and need to be deported as soon as humanly possible. The border needs to be closed NOW.

  4. Send them back NOW.

  5. deport now

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