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Amer Sports stock ends its first day of trading with a 3% gain over its discounted IPO price

Por: MarketWatch Business February 01, 2024

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The IPO priced at a $3 discount to the low end of its estimated price range of $16 to $18 a share. Amer Sports was the in 2024, after BrightSpring Health Services Inc.’s IPO on Jan. 26. With 105 million shares in the IPO, Amer Sports raised about $1.37 billion dollars with 21 underwriters, including Goldman Sachs, BofA Securities, JPMorgan and Morgan Stanley. Amer Sports owns outdoor brands Arc’teryx, Salomon and Wilson and operated 261... + full article



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