Pursuits
Canada Goose Soars in Debut After IPO Puts It Atop Luxury Peers
- Coat maker’s shares are trading in New York and Toronto
- Bain Capital will keep controlling interest after IPO
Canada Goose Shares Soar in Trading Debut
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Canada Goose Holdings Inc.’s shares surged in their debut Thursday after the high-end coat maker went public with the richest valuation among its global peers.
Shares climbed almost 27 percent to close at C$21.53 in Toronto, where the company is based, after the retailer priced its initial public offering at C$17 apiece. That gives Canada Goose, which is also listed on the New York Stock Exchange, a market value of about C$2.3 billion ($1.72 billion).