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Birkenstock: It’s Just Shoes (The Big Point)

Professor Glenn A. Okun

The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.

Birkenstock’s IPO has set records.  It is the worst performing opening for IPOs over $1 billion in over two years.  It is one of the ten worst IPO openings for deals of this size in the past century.  The hope that the IPO market is rebounding has been dimmed. Complete content is available for a $15 monthly subscription.  Click here to subscribe:

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