German footwear company closed down 12.9% in its first day of trade, which was the worst for a billion-dollar deal since AppLovin fell 18.5% in its 2021 deal.
The initial public offering of German footwear company Birkenstock Holdings Ltd. marked one of the worst debuts for a billion-dollar deal of the last decade,…
Shares of Birkenstock Holdings , The maker of cork-soled clogs made a rocky stock market debut on Wednesday.The stock (ticker: BIRK ) opened at $41 on the
Iconic German sandal maker Birkenstock Holdings Ltd.’s stock fell 12.6% in its trading debut Wednesday, signaling that investors remain cautious about new…