Michael Kors: 5 Things You Need to Know
One of 2011's most eagerly anticipated new issues luxury clothing and retail brand Michael Kors (KORS) came public today in what can only be described as a smashingly successful IPO. So what do you need to know about Michael Kors? Here's a sampling of key details surrounding the company and today's offering: 1. Demand for This Deal Was Huge Michael Kors sold 47.2 million shares at $20 a share making it significantly bigger than originally conceived. Before the company expected to sell 41.7 million shares at a range of $17 to $19 a share. And this morning the stock ...
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