Page 7 - David Trainer News Today

The 249-year-old German sandal maker proved to be an unwanted debutante, underperforming Arm, Instacart and Klaviyo’s 15% average rise in their September debuts.

The 249-year-old German sandal maker proved to be an unwanted debutante, underperforming Arm, Instacart and Klaviyo’s 15% average rise in their September debuts.

Once the symbol of the counterculture, lately the darlings of the fashion world, Birkenstock went public in New York.

Birkenstock is entering the market with hopes to grow its business in Asia and the United States.

Arm, which is majority owned by SoftBank, currently holds one buy rating, three holds, and one sell. Data compiled by Bloomberg indicates an average price target of about $53.

Market analysts are divided about the projected performance of Birkenstock days before it goes public.

After lackluster deals from Arm Holdings and Instacart, investors should rethink IPO valuations, says David Trainer.

There is no reason for Birkenstock to go public, says David Trainer, CEO of New Constructs.

Tesla's stock fundamentals are "completely disconnected from reality," according to one investor, while another insists its "business is intact."

Investors should have learned a valuable lesson in the past few weeks when it comes to IPOs. If the valuation is sky-high, that may be something of a red…