The long-awaited IPO of Birkenstock resulted in a -11%

Birkenstock’s IPO at Wall Street, after months of speculations and calculations, finally arrived. But the IPO operating with the “Birk” symbol didn’t go as planned: the stock price opened at 41 US dollars, down 11% from the price of 46 USD forecasted by the initial IPO, said Corriere della Sera. According to Bloomberg, it’s the…