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The Fresh Market Plans Secondary Stock Offer

GREENSBORO, N.C. — The Fresh Market here as filed for a secondary stock offering after shares soared in its initial public offering last year.

GREENSBORO, N.C. — The Fresh Market here as filed for a secondary stock offering after shares soared in its initial public offering last year.

As was the case with the IPO, only existing shareholders, and not the company itself, will receive proceeds from the proposed secondary sale.

J.P. Morgan Securities and Merrill Lynch, Pierce, Fenner & Smith Inc. will act as joint book-running managers for this offering, the company said.

The stock went public in November at $22 per share and has since been trading in the range of $32 to nearly $46.