div > div.group > p:first-child"> Shares of the 166-year-old denim company ended trading nearly 32 percent higher on Thursday following the company's second-ever IPO. Levi Strauss first went public in 1971 before going private for over three decades.
Roxanne Meyer, senior research analyst at MKM, argued that Levi's other segments will likely also drive big returns:
A rush of new IPO's, a federalreserve on the sidelines, an insane POTUS, deregulation of Dodd-Frank, incompetence in all levels of trade negotiations by declaring national security threats, a weakening EU, flat yield curves, no immigrants to fill jobs... 55% think that's crazy
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Guess shares tumble on earnings shortfall as Levi Strauss IPO loomsShares of clothing company Guess tanked nearly 14 percent in the premarket Thursday after reporting earnings that missed analyst expectations. Do people still wear guess, so 80s hahah....
La source: CNBC - 🏆 12. / 72 Lire la suite »
Levi Strauss shares open at $22.22 in IPO, as jean giant makes return to the public marketBlue jeans giant Levi Strauss & Co began trading on the New York Stock Exchange at $22.22 a share, after having priced its initial public offering at $17 a share the night prior. Meh nice even number vay amk
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Levi Strauss IPO comes as denim market braces for year of corporate shakeupsLevi Strauss is expected to begin trading on Thursday. The move comes as its next closest U.S. competitors, VF Corp and Gap Inc., plan corporate shake-ups of their own and customers shift their shopping habits. Do people still wear that ugly uncomfortable shit?
La source: CNBC - 🏆 12. / 72 Lire la suite »