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The Fresh Market (TFM) Jumps: Stock Adds 7.8% in Session

The Fresh Market, Inc.TFM was a big mover last session, as the company saw its shares rise nearly 8% on the day. The upside came on the back of news that founder and chairman Ray Berry is exploring a buyout bid for the grocery chain. The news led to far more shares changing hands than in a normal session, breaking the recent trend of the company, as the stock is now trading above the volatile price range of $22.06 to $25.10 over the past one month time frame.

The stock has witnessed one downward estimate revision in the past seven days. The Zacks Consensus Estimate, however, remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

The Fresh Market carries a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.

A better-ranked stock in the retail-supermkt industry is The Kroger Co. KR , with a Zacks Rank #2 (Buy).

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KROGER CO (KR): Free Stock Analysis Report

FRESH MARKET (TFM): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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