Birkenstock Prices IPO at $46 Per Share, Valuing Iconic Sandal Maker at $8.6 Billion Despite Market Volatility
- Birkenstock prices IPO at $46 per share, valuing company at $8.6 billion
- IPO comes amid volatile market conditions for new listings
- Birkenstock known for its comfortable sandals with cork soles
- Pricing values company lower than expected $5 billion sales target
- Test of investor appetite for consumer/retail IPOs in turbulent market
