CNBCのインスタグラム(cnbc) - 3月22日 01時10分


Levi Strauss & Co is officially public — again. For the first time in more than 3 decades, investors can buy shares in the world’s biggest jeans-seller. 👖⁣⠀
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‘LEVI’ began trading on the New York Stock Exchange at $22.22 a share, after having priced its initial public offering at $17 a share the night prior. Shares surged in its debut, demonstrating strong demand for owning a part of the jean giant.⁣⠀
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But after being taken private 34 years ago by descendants of the founder, why take the company public now, when Levi’s holds the number one market share in denim both in the U.S. and the world? Experts say it’s a combination of things, from allowing the family to cash-in to getting more capital to invest at a faster rate and attract talent in a very the competitive San Francisco/Bay Area.⁣⠀
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Read all about the newly public company, at the link in bio. ⁣⠀
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#Levi #Jeans #IPO #NYSE #Casual #JeanJacket #JeanShirt #Denim #AllDenim #DenimOnDenim #BlueJeans #Trade #Trading #TraderTalk #Shares #Capitalization #Market #MarketNews #Business #Finance #News #CNBC


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