US Stock Market Move | The fashion women's wear brand Reformation (REF.US) has entered the U.S. stock market, with a slight rise in stock price after opening.
As of the time of publication, the stock has risen over 1.5%, quoted at $15.20.
On Thursday, the fashion women's brand Reformation (REF.US) debuted on the US stock market, and as of the time of reporting, the stock had risen over 1.5%, reaching $15.2. The IPO price was $15. Financial data shows that for the 13 weeks ending March 28, Reformation reported revenue of $112.3 million, up from $86.1 million in the same period last year; the net loss was $12.1 million, significantly larger than the $5.6 million loss in the year-ago period.
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