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Sneaker Market StockX Taps Morgan Stanley, Goldman for IPO

StockX
StockXSource: StockX

StockX, an online exchange for sneakers and streetwear brands, is working with Morgan Stanley and Goldman Sachs Group Inc. on its planned U.S. initial public offering, according to people with knowledge of the matter.

StockX is aiming to go public as soon as the first half of the year, said the people, asking not to be identified discussing private information. The timing could change, they added. StockX announced that it was valued at $3.8 billion in April following a secondary tender offering, according to a statement