1. Corporate Finance

Birkenstock slides 12% in public market debut

Written by Posted on Less than 0 min read

​[[“value”:”

The footwear brand began trading at $41 a share on Wednesday after pricing its IPO at $46.

Published Oct. 12, 2023

Exterior shot of a Birkenstock store.

The exterior of a Birkenstock store. The company had a market value of $7.55 billion after closing at $40.20 per share on Wednesday.

Courtesy of Birkenstock

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