Levi’s Goes Public

Levi Strauss & Company went public yesterday for the second time in history. It first went public in the 1970s but was taken private in 1985.

Shares were priced at $17 (rough valuation of $6.6 billion). The stock opened at $22.22 and jumped in trading by noon. In celebration of the news, the NY Stock Exchange suspended its rules against jeans for the day.

Image Source: CNBC

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Levi’s Goes Public

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