Barbie bounce falls short as Birkenstock float fizzles

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Barbie bounce falls short as Birkenstock float fizzles
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Cautious investors required more than the fashion lure to bring them back into the fractious equities arena.

The once frumpy orthopaedic sandals maker is now established as mainstream high fashion, having launched collaborations with the likes of Dior, Manolo Blahnik and Valentino.

For those waiting in the wings to follow their own IPOs, Birkenstock’s share price performance would be haunting.There have been few initial public offerings this year in major markets around the world and the Birkenstock float was a major test of the appetite for investors.For those waiting in the wings to follow their own IPOs, Birkenstock’s share price performance would be haunting.

Thanks to generative AI, anything to do with the supply of chips is now incredibly hot. And while Arm’s shares experienced a massive debut, it has fallen from these highs.

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