date:Jul 27, 2012
Shares of Natural Grocers by Vitamin Cottage Inc. in early morning trading Thursday reached $19.15, nearly 28 percent higher than its initial public offering price target of $15 a share.
The stock debuted Wednesday on the New York Stock Exchange under the symbol NGVC.
The Lakewood, Colo.-based company operates 54 Natural Grocers in 11 states: Colorado, Idaho, Kansas, Missouri, Montana, Nebraska, New Mexico, Oklahoma, Texas, Utah and Wyoming.
In its initial filing with the Securities and Excha