On July 31, after the bankers and lawyers and consultants had finished their diligence on the offering, Sprouts Farmers Market (NASDAQ: SFM) came to market at $18 per share. By close of trading, the company had more than doubled, reaching $39.86 per share for a one-day gain of 121%. Sprouts raised $344 million through the process—though it left just as much on the table by underpricing the offer—and landed on Wall Street with a valuation in excess of $5 billio
All access premium subscription
This content requires a subscription to Nutrition Business Journal.
As an NBJ subscriber, you receive 10 issues a year and access to the exclusive “NBJ subscriber only” content on newhope.com (excludes three-month subscriptions), which includes PowerPoint presentations, select data charts and archived articles. Subscribers also receive a 10 percent discount on data charts, comprehensive market research reports and webinars.
Email [email protected] for more information about subscribing.