Today news
About the same in other media
Birkenstock slips on stock market debut
Reading now: 655
Investing.com — Birkenstock fell on its stock market debut Wednesday as German sandal maker struggled to drum up demand in early trade.
Birkenstock Holding ltd (NYSE:BIRK) opened at $41 on the New York Stock Exchange, in afternoon trading under the tick «BIRK,» down about 11% from its IPO price of $46 a share.
A large chunk, roughly 90%, of the company's revenue comes from the Americas and Europe, and the German footwear maker has a broad female following, which make up about 70% of its customers, who are mostly Millennials, Gen X, and Baby Boomers.
Read more on investing.comAbout this in other media
Stock market today: World shares mixed after China pledges more support for slowing economy abcnews.go.com /1 year ago
Stock market today: World shares slip as higher US 10-year Treasury yield pressures Wall Street abcnews.go.com /1 year ago
Stock Market Today: Dow falls as Nvidia weakness, jump in Treasury yields bite investing.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
