Chobani withdraws plan for IPO

Packages of Chobani yogurt sit on the shelf at a grocery store July 7, 2021 in Washington, DC.

Drew Angerer | Getty Images

Chobani is withdrawing plans for an initial public offering, according to a regulatory filing on Friday.

The food and beverage company filed to go public on the Nasdaq Exchange using the ticker “CHO” in November. But it’s been a rocky year for the stock market, leading to a drought of IPOs.

This is breaking news. Please check back for updates.

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