The Fresh Market (TFM) Bond Prices Rise 4.1%
An issue of The Fresh Market Inc (NASDAQ:TFM) debt rose 4.1% as a percentage of its face value during trading on Wednesday. The high-yield debt issue has a 9.75% coupon and is set to mature on May 1, 2023. The bonds in the issue are now trading at $59.25. Price moves in a company’s debt in credit markets sometimes predict parallel moves in its stock price.
Shares of The Fresh Market Inc (TFM) traded up $0.02 during mid-day trading on Wednesday, hitting $28.51. 1,691,800 shares of the stock were exchanged, compared to its average volume of 1,650,910. The Fresh Market Inc has a 12 month low of $17.81 and a 12 month high of $37.81.
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About The Fresh Market
The Fresh Market, Inc is a United States-based specialty grocery retailer. The Company focuses on perishable categories, which include meat, seafood, produce, deli, bakery, floral, sushi and prepared foods. Its non-perishable categories include traditional grocery, frozen and dairy products, as well as bulk, coffee and candy, and beer and wine.
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