The Moss Adams Apparel Market Monitor shows that public companies, with the exception of the Youth Lifestyle category, continue to outperform the overall stock market. Previews of Agenda WMNS at Long Beach, Agenda NYC and Agenda Vegas. Now on Industry Insight.
Skullcandy's stock price rose from $20 to $23.09 in early morning trading in its first day on the Nasdaq stock exchange.
Skullcandy priced its stock at $20 per share and sold 9.4 million shares to institutional investors, raising $188.8 million, according to news reports. Those investors can now trade the stock in the open market today.
Zillow's stock, which also debuted today, was priced at $20 and more than doubled to $43 in early morning trading.