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Birkenstock stumbles in US stock market debut

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The German sandal-maker set a price of 46 dollars per share and will trade under the ‘BIRK’ ticker on the New York Stock Exchange.

Birkenstock shares are stumbling in their debut on the stock market as Wall Street trades in its wingtips for sandals for a day.

Birkenstock is due to start trading on Wednesday on the New York Stock Exchange under the “BIRK” ticker symbol. The sandals have long been derided as the antithesis of high fashion but have a cult following and this year got a plug in the blockbuster film Barbie.

 

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Birkenstock stumbles in US stock market debutThe German sandal-maker set a price of 46 dollars per share and will trade under the ‘BIRK’ ticker on the New York Stock Exchange.
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