Investing.com -- Birkenstock fell on its stock market debut Wednesday as German sandal maker struggled to drum up demand in early trade.) opened at $41 on the New York Stock Exchange, in afternoon trading under the tick"BIRK," down about 11% from its IPO price of $46 a share.
A large chunk, roughly 90%, of the company's revenue comes from the Americas and Europe, and the German footwear maker has a broad female following, which make up about 70% of its customers, who are mostly Millennials, Gen X, and Baby Boomers.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.
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