IPOs

Markets

LVMH loves Birkenstock as IPO kicks off

LVMH has provided backing for Birkenstock through a private equity firm. The popular sandal maker began trading on the New York Stock Exchange debut on Wednesday opening below its offering price.

Markets

Instacart shares deliver in IPO revival

Wall Street is shopping the Instacart IPO, driving shares higher on the first day of trading — a positive sign for thawing capital markets, which also got a boost from Arm's debut last week.