IPOs

September 29, 2021

We See You, $WRBY 🤓

Warby Parker’s IPO via direct listing was a W for the eyewear company as its share price skyrocketed 36% above its reference price in $WRBY’s trading debut. 📈 🚀

$WRBY closed the day at $54.53/share, +36% above its $40 reference price. By market close, Warby Parker’s valuation shot to about $6.8 billion — over twice the company’s $3 billion valuation from its last funding round. 

Warby Parker was founded in 2010 as one of the first hallmark brands to provide one-stop eye check-up and eyewear sales at most of its brick-and-mortar locations. The company is also one of the first direct-to-consumer prescription eyewear brands offering both online and in-person services. 

Not too shabby. We SEE you, $WRBY. 👓 😉

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