Birkenstock Holding Limited To Start Trading Tomorrow
Portfolio Pulse from Benzinga Insights
Birkenstock Holding Limited (NYSE:BIRK) is set to start trading on the NYSE exchange under the ticker BIRK on October 11. The company is offering shares at an expected price between $44.00 and $49.00 per share with an insider lock-up period of 180 days ending on April 08, 2024.
October 10, 2023 | 3:00 pm
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POSITIVE IMPACT
Birkenstock Holding Limited's IPO could potentially impact the stock's price in the short term. The insider lock-up period of 180 days could also influence the stock's performance.
The IPO is a significant event for any company and can lead to increased volatility in the stock's price. The insider lock-up period could also impact the stock's performance as insiders are not allowed to sell their shares during this period, potentially leading to a decrease in supply and an increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100