Opportunistic Investors Target New Winn-Dixie Stock

JACKSONVILLE, Fla. While some industry observers remain skeptical about the prospects of Winn-Dixie Stores here, opportunistic investors chasing big scores last week helped lift new stock in the reorganized retailer toward the high end of the company's own range of valuation. Winn-Dixie stock, which last week was still trading on a basis on over-the-counter exchanges, shot up from around $11 per share

JACKSONVILLE, Fla. — While some industry observers remain skeptical about the prospects of Winn-Dixie Stores here, opportunistic investors chasing big scores last week helped lift new stock in the reorganized retailer toward the high end of the company's own range of valuation.

Winn-Dixie stock, which last week was still trading on a “when-issued” basis on over-the-counter exchanges, shot up from around $11 per share to more than $15, taking market capitalization from around $6

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