Deals
Fresh Market’s Shares Rally as U.S. IPO Market Extends Rebound
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Fresh Market Inc., the Greensboro, North Carolina-based grocery chain, posted this year’s second-biggest first-day gain for an initial public offering by a U.S. company as the IPO market extended its rebound.
Fresh Market surged 46 percent to $32.11 in Nasdaq Stock Market trading yesterday after selling 13.2 million shares for $22 each, $2 above the forecast price range, data compiled by Bloomberg and a Securities and Exchange Commission filing show.