Scott Cutler, StockX CEO, joins 'Closing Bell: Overtime' to discuss Birkenstock IPO.
Shares of German footwear brand Birkenstock (BIRK) opened lower in its IPO debut on the Nasdaq. The stock began trading on Wednesday at $41 per share, $5 off its initial listing price of $46 per share
Birkenstock finished its first trading day on the New York Stock Exchange Wednesday 12.6% lower. Shares of the German sandal maker closed at about US$40 after opening at about US$41, below its initial

Birkenstock Opens for Trading 11% Below IPO Price

04:08pm, Wednesday, 11'th Oct 2023
Birkenstock Holding Plc's shares opened trading 11% below their price in the company's $1.48 billion initial public offering. It's the worst opening for a listing of $1 billion or more in New York in

Three-Stock Lunch: Birkenstock & Exxon Mobil

03:30pm, Wednesday, 11'th Oct 2023
Michael Landsberg, Landsberg Bennett Private Wealth Management CIO, joins 'Power Lunch' to discuss two stocks: Birkenstock & Exxon Mobil.
The 249-year-old German sandal maker proved to be an unwanted debutante, underperforming Arm, Instacart and Klaviyo's 15% average rise in their September debuts.
Birkenstock slipped over 10% as it debuted on the New York Stock Exchange on Wednesday. It's trading at $41 at writing – a day after pricing its initial public offering at $46.
Shoemaker lands on NYSE with $8.3bn valuation but analysts warn public debut comes amid difficult market conditions
Shares of Birkenstock opened 11% below their initial public offering (IPO) price on Wednesday as investors proceeded with caution following the mixed performance of recent high-profile listings.   B
Jeff Kilburg, KKM Financial founder and CEO, and CNBC's Leslie Picker join 'The Exchange' to discuss the Birkenstock IPO opening, competition in the footwear space, and the health of the IPO market.
CNBC's Deirdre Bosa, joins 'The Exchange' to discuss Birkenstock dropping $5 off its IPO price, the state of direct-to-consumer retail models, and Birkenstock's unique approach to DTC business.

Birkenstock Shares Fall in Stock-Market Debut

01:50pm, Wednesday, 11'th Oct 2023
Birkenstock shares declined in their stock-market debut Wednesday, a potential blow to an IPO market that was just showing signs of recovery.
Iconic German sandal maker Birkenstock Holdings Ltd.'s stock fell 10% out of the gate in its trading debut Wednesday, signaling that investors remain cautious about new deals and the casual-footwear m
German shoe brand Birkenstock made its market debut Wednesday after pricing its IPO at $46.
Iconic German sandal maker Birkenstock Holdings PLC's stock BIRK, opened at $41.20 in its trading debut Wednesday, down 10.4% from its issue price of $46. The initial public offering priced late Tuesd
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