Organic and Natural Food Stocks On the Move; Annie's, Inc (NYSE:BNNY), Whole Foods (NASDAQ:WFM)
Category: Investment, LOHAS
News about Whole Foods Market, Inc.
New York, NY - March 29, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on trading for notable LOHAS stocks (Lifestyle of Health and Sustainability) in the natural and organic food space for March 28th. Annie's, Inc. (NYSE:BNNY) closed at $35.92 following its IPO of 5.0 million shares of common stock at a price to the public of $19.00.
The stock continued its gains in after hours trading moving to $36.19, up another 0.27 (0.75%).
Investors looking for hot IPO's turned their heads from other sectors to organic food as they watched Annie's stock soar on the opening.
The market success of Annie's, Inc IPO and the impressive stock chart of Whole Foods Market, Inc. (NasdaqNM: WFM) over the past five years has investors taking the natural and organic food sector seriously. The trend for healthy eating and living is not going away anytime soon looking at Whole Foods growth.
Whole Foods Market, Inc. (NasdaqNM: WFM) closed at $85.59, up $1.45 (1.72%) for the day with a 52- week range of $53.32 - $86.35.
Annie's, Inc. is a natural and organic food company that makes great-tasting products in mainstream categories. Annie's products are made without the artificial flavors, synthetic colors and preservatives regularly used in many conventional packaged foods. Today, Annie's offers over 125 products, which are present in over 25,000 retail locations in the United States and Canada. Founded in 1989, Annie's is committed to operating in a socially responsible and environmentally sustainable manner.
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