Shares of jeans retailer Levi Strauss & Co. opened 31% above the initial public offering price Thursday, reflecting strong interest in one of the larger consumer-product IPOs in recent years. Shares of Levi, trading under the ticker LEVI, were priced at $17 each, giving the company a valuation of roughly $6.6 billion. The shares opened at $22.22 apiece on the New York Stock Exchange and recently traded at $22.78.

Source: Wall Street Journal March 21, 2019 15:45 UTC