Birkenstock’s IPO turned south after shares closed down 13% on first day of trading
Analysis by Elisabeth Buchwald, CNN New York (CNN) — It’s official: Birkenstock is a publicly traded company after debuting on the New York Stock Exchange Wednesday under the ticker symbol BIRK. But it was tough first day for the beloved cork-soled shoemaker. Birkenstock priced its initial public offering at $46 a share — in the
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