Sprouts Farmers Market: Last Dip To Buy?
Summary Apollo Global Management files to sell remaining Sprouts shares. The investor management has regularly sold shares since the IPO. Sprouts isn't a cheap stock, but this recent dip is likely the best opportunity to buy the stock now. For investors interested in the long-term story at Sprouts Farmers Market (NASDAQ: SFM ) , the after market news on March 4 was a long-awaited event. The stock of the organic grocer was repeatedly hit over the last couple of years after leading shareholder Apollo Global Management (NYSE: APO ) dumped pre-IPO shares. At the time of the IPO, the investment manager had made it known that it planned to unload shares in theory placing a lid on the stock. Read the full article at Seeking Alpha. Disclaimer: No position mentioned. Please review the disclosure page for more details.