Celebrity News
Stock Price for Jennifer Garner’s Company Goes Up 40 Percent in Value in One Day of Being Made Public
Jennifer Garner was thrilled to ring the bell at NYC’s famed Stock Exchange. “We probably slept an hour each,” the 53-year-old told Fortune in early February. No wonder: The mom of three, who was accompanied by son Samuel, 13, had just brought her food company, Once Upon a Farm, public with a valuation of $845 million.
By the next day of trading, the stock price had gone up 40 percent from its $18 listing price. But Jen won’t be going on any spending sprees. As she explained, the company — which offers healthy baby food — is hoping to expand to include food for older kids.
More important, Jen and her cofounder want to keep their company out of the hands of a giant food conglomerate. Says Jen, “Running this company ourselves really gives us the chance to stay true to our values.”
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