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German footwear maker Birkenstock has priced its shares at $46 each in its initial public offering (IPO), raising about $1.48 billion. The IPO values the company at more than $9 billion. Birkenstock is set to begin trading on the New York Stock Exchange (NYSE) under the ticker symbol BIRK. However, the company's shares opened trading 11% below their IPO price. This IPO is seen as a big test for the new-issue market.
Birkenstock is betting big. On Wednesday, under the ticker symbol BIRK, the company began trading on the New York Stock Exchange at a valuation of more than $9 billion. https://t.co/jKqqnsedPz
Birkenstock, the German shoemaker, raised about $1.48 billion in an initial public offering, the company said. Birkenstock set the price of its shares at $46 each, valuing the company at more than $9 billion. https://t.co/6TAg47lHhg
Birkenstock, the German shoemaker, raised about $1.48 billion in an initial public offering, the company said. Birkenstock set the price of its shares at $46 each, valuing the company at more than $9 billion. https://t.co/i0qlnQvw94
Birkenstock’s shares opened trading 11% below their price in the company’s $1.48 billion initial public offering @rngould @crystalttc @mikehytha https://t.co/pGHjua6TQH
Shares of Birkenstock $BIRK just opened trading at $41 below its IPO price of $46 https://t.co/zmczJtghHG
Birkenstock, the German shoemaker, raised about $1.48 billion in an initial public offering, the company said. Birkenstock set the price of its shares at $46 each, valuing the company at more than $9 billion. https://t.co/7gKliJOHOI
Birkenstock is set to begin trading Wednesday on the NYSE. https://t.co/d47ZoGDneI https://t.co/m7butMUXCG
Sandal and clog brand Birkenstock is set to begin trading on the New York Stock Exchange in a high-profile IPO. Its share price is set at $46. https://t.co/3OkTccBP5S
Birkenstock will be valued at just under $9 billion as the sandal maker gets ready to make its stock-market debut via an IPO https://t.co/NSEl7MMfd2
Sandal and clog brand Birkenstock is set to begin trading on the New York Stock Exchange in a high-profile IPO. Its share price is set at $46. https://t.co/QuJDmnESKQ
Birkenstock, the German shoemaker, raised about $1.48 billion in an initial public offering, the company said. Birkenstock set the price of its shares at $46 each, valuing the company at more than $9 billion. https://t.co/NnLx33uV88
German premium footwear maker Birkenstock priced its US initial public offering at the middle of its indicated price range at $46 per share, the company said https://t.co/7hw57UyKNu
German premium footwear maker Birkenstock priced its US initial public offering at the middle of its indicated price range at $46 per share, the company said. More here: https://t.co/UEr27brW1q
Footwear maker Birkenstock priced shares within a marketed range at $46 each in its initial public offering https://t.co/5ry9v2Gfth
WSJ News Exclusive: German shoemaker Birkenstock priced its initial public offering at $46 a share, setting up the next big test of the new-issue market when the stock begins trading Wednesday https://t.co/IrkXHKdFxM https://t.co/IrkXHKdFxM