The company said it expected to raised more than 50 million in the offering to fuel its growth plans

The company said it expected to raised more than $50 million in the offering to fuel its growth plans.

New IPO Cashes In on Trends

“We thought this was a good time to come to market — an opportune moment.” — Kemper Isely, CEO, Natural Grocers by Vitamin Cottage

LAKEWOOD, Colo. — Shares of Natural Grocers by Vitamin Cottage were up more than 20% in their first days of trading last week after the organic-product retailer had its stock priced at $15 per share and opened at $18.

“We thought this was a good time to come to market — an opportune moment,” Kemper Isely, chief executive officer of the historically secretive company, told CNBC on the morning of the initial public offering.

His comment was in respo

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