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Birkenstock Shares Keep Falling on Second Day of Trading

Birkenstock Shares Keep Falling on Second Day of Trading

Birkenstock continued to look for — and not find — traction during its second day on the New York Stock Exchange. 

Shares of the German sandal maker fell another 6.6 percent to $37.55 on Thursday. 

That left the stock down 18.4 percent from its IPO price of $46. 

The company is still worth a pretty penny with a market capitalization of $7.1 billion — where owner L Catterton was said to buy the company…


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