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 IPO date and ticker symbol (BIRK)
Birkenstock went public on October 11, 2023 under ticker symbol “BIRK”.
What will Birkenstock IPO price be?
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.
How to buy Birkenstock stock
Birkenstock stock is available on all major US brokers, and you’ll need a brokerage account to invest.
Open your brokerage account. Complete an application with your details.
Confirm your payment details. Fund your account.
Research the stock. Find the stock by name or ticker symbol and research it before deciding if it’s a good investment for you.
Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
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Latest updates for Birkenstock IPO
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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Frequently asked questions
Yes, Birkenstock is officially publicly-traded company as of October 11, 2023. Birkenstock stock trades on the New York Stock Exchange under the ticker symbol "BIRK".
Birkenstock trades on the New York Stock Exchange under the ticker symbol "BIRK".
Birkenstock sold a majority stake to private equity firm, L Catterton, in 2021.
Matt Miczulski is an investments editor at Finder. With over 450 bylines, Matt dissects and reviews brokers and investing platforms to expose perks and pain points, explores investment products and concepts and covers market news, making investing more accessible and helping readers to make informed financial decisions.
Before joining Finder in 2021, Matt covered everything from finance news and banking to debt and travel for FinanceBuzz. His expertise and analysis on investing and other financial topics has been featured on CBS, MSN, Best Company and Consolidated Credit, among others. Matt holds a BA in history from William Paterson University.
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