Shares of blue jeans giant Levi Strauss & Co surged 32 percent in its debut on the New York Stock Exchange, giving it a market capitalization of $8.7 billion and demonstrating strong demand for owning a part of the jean giant.
The newly public company has said it will improve market share with women, on the internet and in China. Its men's business accounted for $4 billion of Levi's $5.6 billion 2018 revenue, while just 3 percent of its revenue came from China.
vay amk
nice even number
Meh
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Levi Strauss shares surge, as jean giant makes return to the public marketBlue jeans giant Levi Strauss & Co. began trading Thursday on the New York Stock Exchange at $22.22 a share, after having priced its initial public offering at $17 a share the night before. I gave up and just wear sweatpants now dadlife I love denim, but I will never wear Levi’s.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Levi Strauss, Biogen, Micron & moreThese are the stocks posting the largest moves midday Thursday. Liberals trying to think about stocks
Source: CNBC - 🏆 12. / 72 Read more »
Levi Strauss shares surge 31 percent in stock market returnShares in Levi Strauss & Co surged 31 percent in their debut on Thursday, giving... TV Wow TV I guess women are really enjoying those jeans!! 😜
Source: Reuters - 🏆 2. / 97 Read more »
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....
Source: CNBC - 🏆 12. / 72 Read more »
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?
Source: CNBC - 🏆 12. / 72 Read more »
Levi Strauss, Valued At $6.6 Billion, Is Making A Comeback As A Public CompanyThe 165-year-old company that invented blue jeans still makes most of its money from men’s pants, but that's changing. Now it's time for Levi Ackerman to make a comeback as humanity's strongest My favorite jeans Levi's jeans for life
Source: Forbes - 🏆 394. / 53 Read more »