After a shaky year for the IPO market, all eyes shift to Birkenstock which is gearing up for its debut on the New York Stock Exchange. The shoe brand could raise around $1.58 billion, making its valuation, when combined with ordinary shares outstanding, about $9.2 billion. Yahoo Finance reporter Brooke DiPalma joins the live show to break down the current status of the IPO market as well as how Birkenstock will fare in their debut. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
After a shaky year for the IPO market, all eyes shift to Birkenstock which is gearing up for its debut on the New York Stock Exchange. The shoe brand could, making its valuation, when combined with ordinary shares outstanding, about $9.2 billion. Yahoo Finance reporter Brooke DiPalma joins the live show to break down the current status of the IPO market as well as how Birkenstock will fare in their debut.
While mega-cap tech stocks are the cheapest since 2017, the upcoming earnings season is a catalyst for further growth, Goldman Sachs wrote.TORONTO — From ultra-low interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it’s been hard to keep up with the shifting landscape for mortgage holders.
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Birkenstock readies for IPO, seeks $9.2 billion valuationBirkenstock is getting ready to make its stock market debut. The footwear company is seeking a valuation up to $9.2 billion and will trade on the New York Stock Exchange under the ticker 'BIRK.' Yahoo Finance’ Julie Hyman and Josh Lipton take a look at what has been seen from recent IPOs —and Josh shares his unique approach to styling Birkenstock sandals. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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