Canada Goose shares jump on stock market debut
The high-end parka maker – Canada Goose – is proving as popular with investors as it is with celebrities.
The company, which makes coyote fur-lined jackets, some of which sell for £900 each, has started trading on the New York Stock Exchange, as well as on Canada’s main exchange.
In early trading, shares were more than 40% higher at $18.14.
Founded in Toronto 60 years ago, the company was bought by the private equity group Bain Capital in 2013.
The firm had priced its initial public offering at $12.78 per share.
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