Womenswear Firm Reformation Opens Flat After $210.9 Million IPO
Reformation Inc., a sustainable womenswear brand backed by Permira, completed its IPO on Thursday, raising $210.9 million at the bottom of its marketed price range. The stock opened flat at its IPO price in its trading debut, indicating a cautious market reception for the company.
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Womenswear Firm Reformation Opens Flat After $210.9 Million IPO
Reformation Inc., a sustainable womenswear brand backed by Permira, completed its IPO on Thursday, raising $210.9 million at the bottom of its marketed price range. The stock opened flat at its IPO price in its trading debut, indicating a cautious market reception for the company.
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