Shares in Federer backed shoe firm soar on debut
Shares in On Holding jumped by almost 46% on their first day of trading in New York.
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Shares in On Holding jumped by almost 46% on their first day of trading in New York.
The company sold 31.1 million shares in its initial public offering (IPO) priced at $24, well above its $20 to $22 target price range, raising $746.4 million
Shares of Roger Federer-backed On Holding AG jumped more than 47% in their debut on the New York Stock Exchange on Wednesday, valuing the shoemaker at
The Roger Pro, made exclusively for the tennis champ. After more than a year away from the sport due to injury, 20-time Grand Slam champion Roger Federer is making his return to the tennis court today at the 2021 Qatar Open, and on-feet are his new performance tennis shoes designed by On: the Roger Pro. This is the first time that the Swiss running brand has created a tennis-specific silhouette. It features a low-top cut that’s cushioned with a high-performance foam midsole that encapsulates a carbon fiber plate for enhanced energy return. The pair Federer is wearing for the event dons a...