How Birkenstock's debut will test IPO market

After a shaky year for the IPO market, all eyes shift to Birkenstock which is gearing up for its debut on the New York Stock Exchange. The shoe brand could raise around $1.58 billion, making its valuation, when combined with ordinary shares outstanding, about $9.2 billion. Yahoo Finance reporter Brooke DiPalma joins the live show to break down the current status of the IPO market as well as how Birkenstock will fare in their debut.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

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