Vitamin Shoppe (VSI) IPO Trades Higher

October 28, 2009 9:49 AM EDT

The IPO for Vitamin Shoppe, Inc. (NYSE: VSI) is open for trading. Shares are trading at $19.78 after pricing 9,096,077 shares at $17.00 per share, above the expected range of $14-$16.

Vitamin Shoppe is offering 7,666,667 shares of common stock and selling stockholders are offering the remaining 1,429,410 shares in the offering.

J.P.Morgan, BofA Merrill Lynch and Barclays Capital are acting as joint book-running managers for the offering. Piper Jaffray, Robert W. Baird & Co. and Stifel Nicolaus are the co-managers of the offering.

Vitamin Shoppe is a specialty retailer and direct marketer of nutritional products based in North Bergen, New Jersey. The company sells vitamins, minerals, nutritional supplements, herbs, sports nutrition formulas, homeopathic remedies, green living products and health and beauty aids to customers located primarily in the United States.


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VSI 18.73

+0.78 +4.35%
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Comments

VITAMIN SHOPPES
JOE on Oct 29, 2009 08:06 PM

WHERE DO I GET A PROSPECTUS FOR THE IPO?


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