+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Here comes Levi Strauss...

Mar 21, 2019, 19:20 IST

Hollis Johnson/Business Insider

Advertisement
  • Levi Strauss & Co. is set to begin trading Thursday on the New York Stock Exchange.
  • The blue-jean maker is returning to the public market after more than three decades.
  • Its trading debut comes amid a host of fresh initial public offerings, as Lyft, Uber, Airbnb, and a plethora of other companies are getting set to debut.

Levi Strauss & Co., the iconic 146-year-old blue-jean maker, is set to return to the public market through an initial public offering Thursday after a three-decade absence.

The San Francisco-based company priced its IPO of nearly 36.7 milion Class A shares at $17 a share, higher than the $14-$16 that was expected. Shares will trade on the New York Stock Exchange under the ticker "LEVI."

Levi's return to the public market comes during a red-hot time for the IPO market, as companies like Lyft, Uber, and Airbnb are expected to debut later this year.

Read more markets coverage from Markets Insider and Business Insider:

Advertisement

NOW WATCH: The founder and CIO of $12 billion Ariel Investments breaks down how his top-ranked flagship fund has crushed its peers over the past 10 years

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article