Birkenstock Holding is trading 4.1% down now at $32.62 after failing to sustain overnight enthusiasm around Michael Burry’s disclosed 5.2% stake.
- Coverage initially reported a premarket gain, but shares reversed during the September 8 session.
- The Dow is down 1.18%, the S&P 500 0.59%, and the Nasdaq 0.40% amid oil-price and geopolitical concerns.
- L Catterton’s prior $1 billion secondary offering remains an additional supply overhang.