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After Snapchat, Will Investors Flock to Canada Goose's IPO?
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(0:15) - Canada Goose IPO
(1:25) - Canada Goose: Rise To Fame
(5:00) - How could a Canada Goose IPO perform?
(7:10) - Episode Round-up
On today’s episode of Shopping for Stocks, Editor Maddy Johnson takes a look at what could be one of the most interesting IPOs in years: Canada Goose.
Canada Goose, the company known for its $1,000 parkas, is hoping to raise as much as $240 million, and list shares in both New York and Toronto. It’s offering 20 million shares priced in the range of $14 and $16 CAD. At the top of the range, Canada Goose would be valued at $1.7 billion CAD, or over $2 billion USD.
How will its IPO perform?
Canada Goose’s IPO could be the biggest apparel debut since Lululemon (LULU - Free Report) , and if Snap Inc.’s (SNAP - Free Report) IPO performance the other day is any indication, investors are certainly hungry. The tech company could have opened a window for other businesses to make their market debuts.
And even with renewed interest back on tech unicorns like Uber and Airbnb, the next big IPO could come from a company that specializes in outrageously expensive winter wear.
Canada Goose will also have to take the uneasy and unfriendly retail environment into consideration, as well as its limited product selection. Its mid-level competitors like Patagonia and The North Face offer twice the product at half the price, but despite this, Canada Goose’s popularity is currently at an all-time high. Have you noticed all the Canada Goose coats on the streets these past few months?
As a reminder, if you feel that I missed something, or if you want a different topic covered, send an email to podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcast, and remember to subscribe and leave a rating on iTunes.
Thanks for listening to this week’s episode of Shopping for Stocks!
Now That Snapchat is Public, Which Tech Giant Could IPO Next?
You may be curious about the buzz surrounding Snap’s IPO, but should you buy up this tech stock? In the 2017 IPO Watch List, you'll get an inside look at Snap's exciting prospects and potential challenges.
You'll also learn about 4 other exciting tech companies with jaw-dropping growth. Each could go public in the coming months. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the latest scoop. Download this IPO Watch List today for free >>
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After Snapchat, Will Investors Flock to Canada Goose's IPO?
(0:15) - Canada Goose IPO
(1:25) - Canada Goose: Rise To Fame
(5:00) - How could a Canada Goose IPO perform?
(7:10) - Episode Round-up
On today’s episode of Shopping for Stocks, Editor Maddy Johnson takes a look at what could be one of the most interesting IPOs in years: Canada Goose.
Canada Goose, the company known for its $1,000 parkas, is hoping to raise as much as $240 million, and list shares in both New York and Toronto. It’s offering 20 million shares priced in the range of $14 and $16 CAD. At the top of the range, Canada Goose would be valued at $1.7 billion CAD, or over $2 billion USD.
How will its IPO perform?
Canada Goose’s IPO could be the biggest apparel debut since Lululemon (LULU - Free Report) , and if Snap Inc.’s (SNAP - Free Report) IPO performance the other day is any indication, investors are certainly hungry. The tech company could have opened a window for other businesses to make their market debuts.
And even with renewed interest back on tech unicorns like Uber and Airbnb, the next big IPO could come from a company that specializes in outrageously expensive winter wear.
Canada Goose will also have to take the uneasy and unfriendly retail environment into consideration, as well as its limited product selection. Its mid-level competitors like Patagonia and The North Face offer twice the product at half the price, but despite this, Canada Goose’s popularity is currently at an all-time high. Have you noticed all the Canada Goose coats on the streets these past few months?
As a reminder, if you feel that I missed something, or if you want a different topic covered, send an email to podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcast, and remember to subscribe and leave a rating on iTunes.
Thanks for listening to this week’s episode of Shopping for Stocks!
Now That Snapchat is Public, Which Tech Giant Could IPO Next?
You may be curious about the buzz surrounding Snap’s IPO, but should you buy up this tech stock? In the 2017 IPO Watch List, you'll get an inside look at Snap's exciting prospects and potential challenges.
You'll also learn about 4 other exciting tech companies with jaw-dropping growth. Each could go public in the coming months. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the latest scoop. Download this IPO Watch List today for free >>