Birkenstock Holding Shares Indicated To Open Between $46-$48 Vs IPO Price Of $46
Portfolio Pulse from Benzinga Newsdesk
Birkenstock Holding's shares are expected to open between $46 and $48, compared to its IPO price of $46, according to Reuters.
October 11, 2023 | 2:46 pm
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Birkenstock Holding's shares are expected to open at a price range of $46 to $48, which is in line with its IPO price.
The news indicates that Birkenstock's shares are expected to open at a price that is in line with its IPO price. This suggests that the market's initial valuation of the company is accurate, which could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100