date:Aug 02, 2013
Shares opened at $35 on the Nasdaq, after the Phoenix, Arizona-based company raised $333 million in its initial public offering on Wednesday.
Sprouts, backed by private equity firm Apollo Global Management LLC (APO.N), was worth about $5.6 billion at the highest trading price on Thursday morning.
Sprouts operates more than 160 stores across the United States, selling everything from fresh fruit to homemade burgers.
The company's products are priced lower than those of competitors, includin