Dr. Martens trades up despite volatility

By Sam Kerr
29 Jan 2021

Shares in Dr. Martens, the UK bootmaker, rose above their IPO price on Friday morning despite volatility driving losses in the stock market more broadly.

Just before midday, the stock was trading at around £4.30 a share, around 16% above its £3.70 IPO price, which was the top of the £3.30-£3.70 price range set during book building.

The base deal size was £1.3bn. Should the company choose to execute a greenshoe option, the ...

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