Duluth Holdings (DLTH) IPO Has a Solid Debut
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Today's IPO for Duluth Holdings (NASDAQ: DLTH) is looking to close the day around $13.70, or up 14.2%, after pricing 6,666,667 shares of its Class B common stock at a public offering price of $12.00 per share. Shares opened at $13.
William Blair & Company, L.L.C., Robert W. Baird & Co. Incorporated, Raymond James & Associates, Inc. and BMO Capital Markets Corp. are acting as joint book-running managers of the proposed offering.
Duluth Holdings is the parent company of Duluth Trading which offer high quality, solution-based casual wear, workwear and accessories for men and women.
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