Birkenstock, a German shoe manufacturer founded in 1774 and known for its sandals and clogs, began trading on the New York Stock Exchange under the ticker symbol “BIRK” on Wednesday, October 11, 2023, for the first time as a public company.
Birkenstock was run by the Birkenstock family for six generations, until a majority stake was sold to private equity firm, L Catterton, in 2021.
Birkenstock went public on October 11, 2023 under ticker symbol “BIRK”.
Birkenstock stock opened for trading at $41 early Wednesday afternoon and reached a session high of $42.51. The stock closed the day at $40.06, 12.91% lower than its IPO price of $46.
Birkenstock stock is available on all major US brokers, and you’ll need a brokerage account to invest.
Finder’s picks for buying Birkenstock stock
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January 19, 2024: Birkenstock shares dropped by over 7% in the past day due to warnings from the company that profit margins could be hit in the upcoming year.
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