Vital Farms Up 62% After IPO Prices Above Range
31 Juli 2020 - 7:04PM
Dow Jones News
By Josh Beckerman
Vital Farms Inc. shares were recently up 62% to $35.70 on their
first Nasdaq trading day.
The company, which provides pasture-raised eggs and butter, said
late Thursday that its initial public offering of 9.3 million
shares priced at $22 each, representing a higher size than planned
and a price above a range that had already been increased.
Investors include Bowie Strategic Investments Inc., which is a
unit of Amazon.com Inc.-owned Whole Foods Market Inc., as well as
Manna Tree Partners, SJF Ventures, Sunrise Strategic Partners and
Arborview Capital Partners.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
July 31, 2020 12:49 ET (16:49 GMT)
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