Allbirds and Warby Parker get the Silicon Valley stock premium, but without the technology

Allbirds IPO at the Nasdaq site, November 3, 2021.

Source: Nasdaq

Allbirds, a shoe company, held its stock market debut on Wednesday and is trading at 15 times annualized revenue. Warby Parker, which makes eyeglasses, went public in September and trades for about 12 times sales.

Leave a Reply

Your email address will not be published. Required fields are marked *