trending Market Intelligence /marketintelligence/en/news-insights/trending/I2C93oGpXUl8gHtjU6TqwQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Levi Strauss shares surge in trading debut


Levi Strauss shares surge in trading debut

Jeans-maker Levi Strauss & Co.'s shares surged in its trading debut on the New York Stock Exchange.

The San Francisco-based company on March 20 priced its IPO of 36,666,667 class A common shares at $17 apiece, valuing Levi Strauss at about $6.61 billion and yielding about $623.3 million for the iconic denim company. That was above the company's projected price range of between $14 and $16 per share.

Shares of the company were up 33.24% to $22.65 in afternoon trading March 21. The stock opened at $22.22.

According to CNBC, the company first went public in 1971, but the descendants of Levi Strauss took it private in 1984 when the company's profits were declining.