Bill Smith referred to Birkenstock's IPO aftermath as an 'au...

Moomoo AI Oct 17, 2023 00:22

Bill Smith referred to Birkenstock's IPO aftermath as an 'autocorrect feature'. The company's high valuations need execution proof despite strong fundamentals. Recent IPO turbulence is due to weak companies unable to go public and strong ones overestimating their worth. A Q4 rebound is still possible.

Birkenstock's IPO Was One of the Worst Debuts for a Billion-dollar Deal in a Decade

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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