Despite the pre-initial public offering hoopla and anticipation of another retail company hitting the market, shares of Hudson’s Bay Co. ended the first day of trading Monday only slightly up on the opening price.
The stock closed at 16.89 Canadian dollars after fluctuating throughout the day. The stock had closed at 16.85 in pre-market trading and opened at 16.80. The shares then fell as low as 16.70 and reached as high as 17.07 in intraday trading.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)