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The Independent UK
The Independent UK
National
Via AP news wire

Birkenstock set for its stock market debut as Wall Street trades in its wingtips for sandals

BIRK Stock Market Johann Adam Birkenstock
Copyright 2023 The Associated Press. All rights reserved.

Birkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day.

The 249-year-old German maker of upmarket sandals set a price of $46 per share for its initial public offering of stock, valuing the company at $8.64 billion.

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