Pursuits
Aritzia Rises 16% in Toronto Stock Exchange Debut After IPO
- Stock of Vancouver-based company rise from C$16 IPO price
- Aritzia raised C$400 million in last month’s initial offering
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Aritzia Inc., the Canadian women’s fashion retailer, jumped 16 percent in its trading debut after raising C$400 million ($306 million) in its initial public offering.
Shares of the Vancouver-based retailer rose to C$18.51 at 9:33 a.m. on the Toronto Stock Exchange, up from its C$16 IPO price. The shares earlier surged as high as C$19.