Federer-backed shoemaker ON spikes 50% on its first day of trading

Reuters2021-09-16

Federer-backed shoemaker ON spikes 50% on its first day of trading.

On Holding AG, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.

On priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.

The shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.

The 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.

The IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.

The company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.

On is due to begin trading on the New York Stock Exchange on Wednesday.

Goldman Sachs & Co, Morgan Stanley and J.P. Morgan are among the underwriters for the offering.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Nanamoney
2021-09-16
Nanamoney
Join in the Q
SSVC
2021-09-16
SSVC
Wow Appreciate your response and comments Thanks
- kenong62:
  done
ToongMH
2021-09-16
ToongMH
Wah, this is nice
Jazim
2021-09-16
Jazim
Good
冰眼
2021-09-16
冰眼
Pls like
- e13v3n:
  like
GeorgeOr
2021-09-16
GeorgeOr
Nice
- GabrielOr:
  cool

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Morgan are among the underwriters for the offering.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Federer-backed shoemaker ON spikes 50% on its first day of trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Morgan are among the underwriters for the offering.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Federer-backed shoemaker ON spikes 50% on its first day of trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFederer-backed shoemaker ON spikes 50% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-16 01:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Federer-backed shoemaker ON spikes 50% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/5e3e1aa580c2eb585d67603a68374a36\" tg-width=\"1403\" tg-height=\"816\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/ONON\">On Holding AG</a>, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.</p>\n<p>On priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.</p>\n<p>The shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.</p>\n<p>The 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.</p>\n<p>The IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.</p>\n<p>The company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.</p>\n<p>On is due to begin trading on the New York Stock Exchange on Wednesday.</p>\n<p>Goldman Sachs &amp; Co, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and J.P. Morgan are among the underwriters for the offering.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ONON":"On Holding AG"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167563356","content_text":"Federer-backed shoemaker ON spikes 50% on its first day of trading.\n\nOn Holding AG, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.\nOn priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.\nThe shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.\nThe 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.\nThe IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.\nThe company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.\nOn is due to begin trading on the New York Stock Exchange on Wednesday.\nGoldman Sachs & Co, Morgan Stanley and J.P. Morgan are among the underwriters for the offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":885364977,"gmtCreate":1631757632099,"gmtModify":1676530627433,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Wow Appreciate your response and comments Thanks&nbsp;","listText":"Wow Appreciate your response and comments Thanks&nbsp;","text":"Wow Appreciate your response and comments Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885364977","repostId":2167563356,"repostType":4,"repost":{"id":"2167563356","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1631726707,"share":"https://www.laohu8.com/m/news/2167563356?lang=&edition=full","pubTime":"2021-09-16 01:25","market":"us","language":"en","title":"Federer-backed shoemaker ON spikes 50% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2167563356","media":"Reuters","summary":"Federer-backed shoemaker ON spikes 50% on its first day of trading.\n\nOn Holding AG, a shoe firm back","content":"<p>Federer-backed shoemaker ON spikes 50% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/5e3e1aa580c2eb585d67603a68374a36\" tg-width=\"1403\" tg-height=\"816\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/ONON\">On Holding AG</a>, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.</p>\n<p>On priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.</p>\n<p>The shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.</p>\n<p>The 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.</p>\n<p>The IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.</p>\n<p>The company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.</p>\n<p>On is due to begin trading on the New York Stock Exchange on Wednesday.</p>\n<p>Goldman Sachs &amp; Co, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and J.P. Morgan are among the underwriters for the offering.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Federer-backed shoemaker ON spikes 50% on its first day of trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFederer-backed shoemaker ON spikes 50% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-16 01:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Federer-backed shoemaker ON spikes 50% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/5e3e1aa580c2eb585d67603a68374a36\" tg-width=\"1403\" tg-height=\"816\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/ONON\">On Holding AG</a>, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.</p>\n<p>On priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.</p>\n<p>The shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.</p>\n<p>The 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.</p>\n<p>The IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.</p>\n<p>The company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.</p>\n<p>On is due to begin trading on the New York Stock Exchange on Wednesday.</p>\n<p>Goldman Sachs &amp; Co, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and J.P. Morgan are among the underwriters for the offering.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ONON":"On Holding AG"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167563356","content_text":"Federer-backed shoemaker ON spikes 50% on its first day of trading.\n\nOn Holding AG, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.\nOn priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.\nThe shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.\nThe 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.\nThe IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.\nThe company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.\nOn is due to begin trading on the New York Stock Exchange on Wednesday.\nGoldman Sachs & Co, Morgan Stanley and J.P. Morgan are among the underwriters for the offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5887238,"gmtCreate":1631767350052,"gmtModify":1631889480897,"authorId":3574928367638029,"author":{"id":3574928367638029,"authorId":3574928367638029,"name":"kenong62","avatar":"https://static.tigerbbs.com/37fd00bd8cea11b8aa1aed6d9ddd9413","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":885364977,"type":1,"supId":0,"prevId":0,"content":"done","text":"done","html":"done"}],"langContent":"EN"},{"id":885362350,"gmtCreate":1631757521070,"gmtModify":1676530627384,"author":{"id":"3579230468032082","authorId":"3579230468032082","name":"ToongMH","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Wah, this is nice","listText":"Wah, this is nice","text":"Wah, this is nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885362350","repostId":2167563356,"repostType":4,"repost":{"id":"2167563356","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1631726707,"share":"https://www.laohu8.com/m/news/2167563356?lang=&edition=full","pubTime":"2021-09-16 01:25","market":"us","language":"en","title":"Federer-backed shoemaker ON spikes 50% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2167563356","media":"Reuters","summary":"Federer-backed shoemaker ON spikes 50% on its first day of trading.\n\nOn Holding AG, a shoe firm back","content":"<p>Federer-backed shoemaker ON spikes 50% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/5e3e1aa580c2eb585d67603a68374a36\" tg-width=\"1403\" tg-height=\"816\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/ONON\">On Holding AG</a>, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.</p>\n<p>On priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.</p>\n<p>The shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.</p>\n<p>The 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.</p>\n<p>The IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.</p>\n<p>The company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.</p>\n<p>On is due to begin trading on the New York Stock Exchange on Wednesday.</p>\n<p>Goldman Sachs &amp; Co, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and J.P. Morgan are among the underwriters for the offering.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Federer-backed shoemaker ON spikes 50% on its first day of trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFederer-backed shoemaker ON spikes 50% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-16 01:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Federer-backed shoemaker ON spikes 50% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/5e3e1aa580c2eb585d67603a68374a36\" tg-width=\"1403\" tg-height=\"816\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/ONON\">On Holding AG</a>, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.</p>\n<p>On priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.</p>\n<p>The shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.</p>\n<p>The 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.</p>\n<p>The IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.</p>\n<p>The company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.</p>\n<p>On is due to begin trading on the New York Stock Exchange on Wednesday.</p>\n<p>Goldman Sachs &amp; Co, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and J.P. Morgan are among the underwriters for the offering.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ONON":"On Holding AG"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167563356","content_text":"Federer-backed shoemaker ON spikes 50% on its first day of trading.\n\nOn Holding AG, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.\nOn priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.\nThe shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.\nThe 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.\nThe IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.\nThe company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.\nOn is due to begin trading on the New York Stock Exchange on Wednesday.\nGoldman Sachs & Co, Morgan Stanley and J.P. Morgan are among the underwriters for the offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":885990019,"gmtCreate":1631749770031,"gmtModify":1676530623241,"author":{"id":"4091925166419540","authorId":"4091925166419540","name":"Jazim","avatar":"https://static.tigerbbs.com/85de7ecb80758afc3288fc8bb7e5ef27","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885990019","repostId":2167563356,"repostType":4,"repost":{"id":"2167563356","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1631726707,"share":"https://www.laohu8.com/m/news/2167563356?lang=&edition=full","pubTime":"2021-09-16 01:25","market":"us","language":"en","title":"Federer-backed shoemaker ON spikes 50% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2167563356","media":"Reuters","summary":"Federer-backed shoemaker ON spikes 50% on its first day of trading.\n\nOn Holding AG, a shoe firm back","content":"<p>Federer-backed shoemaker ON spikes 50% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/5e3e1aa580c2eb585d67603a68374a36\" tg-width=\"1403\" tg-height=\"816\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/ONON\">On Holding AG</a>, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.</p>\n<p>On priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.</p>\n<p>The shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.</p>\n<p>The 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.</p>\n<p>The IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.</p>\n<p>The company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.</p>\n<p>On is due to begin trading on the New York Stock Exchange on Wednesday.</p>\n<p>Goldman Sachs &amp; Co, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and J.P. Morgan are among the underwriters for the offering.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Federer-backed shoemaker ON spikes 50% on its first day of trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFederer-backed shoemaker ON spikes 50% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-16 01:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Federer-backed shoemaker ON spikes 50% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/5e3e1aa580c2eb585d67603a68374a36\" tg-width=\"1403\" tg-height=\"816\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/ONON\">On Holding AG</a>, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.</p>\n<p>On priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.</p>\n<p>The shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.</p>\n<p>The 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.</p>\n<p>The IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.</p>\n<p>The company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.</p>\n<p>On is due to begin trading on the New York Stock Exchange on Wednesday.</p>\n<p>Goldman Sachs &amp; Co, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and J.P. Morgan are among the underwriters for the offering.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ONON":"On Holding AG"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167563356","content_text":"Federer-backed shoemaker ON spikes 50% on its first day of trading.\n\nOn Holding AG, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.\nOn priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.\nThe shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.\nThe 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.\nThe IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.\nThe company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.\nOn is due to begin trading on the New York Stock Exchange on Wednesday.\nGoldman Sachs & Co, Morgan Stanley and J.P. Morgan are among the underwriters for the offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":885076610,"gmtCreate":1631748834430,"gmtModify":1676530622935,"author":{"id":"3579425593342076","authorId":"3579425593342076","name":"冰眼","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Pls like&nbsp;","listText":"Pls like&nbsp;","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885076610","repostId":2167563356,"repostType":4,"repost":{"id":"2167563356","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1631726707,"share":"https://www.laohu8.com/m/news/2167563356?lang=&edition=full","pubTime":"2021-09-16 01:25","market":"us","language":"en","title":"Federer-backed shoemaker ON spikes 50% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2167563356","media":"Reuters","summary":"Federer-backed shoemaker ON spikes 50% on its first day of trading.\n\nOn Holding AG, a shoe firm back","content":"<p>Federer-backed shoemaker ON spikes 50% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/5e3e1aa580c2eb585d67603a68374a36\" tg-width=\"1403\" tg-height=\"816\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/ONON\">On Holding AG</a>, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.</p>\n<p>On priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.</p>\n<p>The shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.</p>\n<p>The 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.</p>\n<p>The IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.</p>\n<p>The company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.</p>\n<p>On is due to begin trading on the New York Stock Exchange on Wednesday.</p>\n<p>Goldman Sachs &amp; Co, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and J.P. Morgan are among the underwriters for the offering.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Federer-backed shoemaker ON spikes 50% on its first day of trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFederer-backed shoemaker ON spikes 50% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-16 01:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Federer-backed shoemaker ON spikes 50% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/5e3e1aa580c2eb585d67603a68374a36\" tg-width=\"1403\" tg-height=\"816\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/ONON\">On Holding AG</a>, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.</p>\n<p>On priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.</p>\n<p>The shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.</p>\n<p>The 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.</p>\n<p>The IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.</p>\n<p>The company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.</p>\n<p>On is due to begin trading on the New York Stock Exchange on Wednesday.</p>\n<p>Goldman Sachs &amp; Co, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and J.P. Morgan are among the underwriters for the offering.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ONON":"On Holding AG"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167563356","content_text":"Federer-backed shoemaker ON spikes 50% on its first day of trading.\n\nOn Holding AG, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.\nOn priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.\nThe shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.\nThe 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.\nThe IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.\nThe company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.\nOn is due to begin trading on the New York Stock Exchange on Wednesday.\nGoldman Sachs & Co, Morgan Stanley and J.P. Morgan are among the underwriters for the offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5882884,"gmtCreate":1631749114410,"gmtModify":1631889329006,"authorId":3565819252889467,"author":{"id":3565819252889467,"authorId":3565819252889467,"name":"e13v3n","avatar":"https://static.tigerbbs.com/387ab24895655e32d7ddaf87ded7da37","vip":1,"currentWearingBadge":{"badgeId":"29815c1501c442c58b708482689df577-1","templateUuid":"29815c1501c442c58b708482689df577","name":"Emerging Contributor","description":"Contributors who received Editor's Pick for the 1st time","bigImgUrl":"https://static.tigerbbs.com/4ce9180a952c61a51c39f70d533b81a7","smallImgUrl":"https://static.tigerbbs.com/f98cf16cf4b858114f7ab9a779f9e6f1","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.06.12","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2005},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":885076610,"type":1,"supId":0,"prevId":0,"content":"like","text":"like","html":"like"}],"langContent":"EN"},{"id":885047124,"gmtCreate":1631748511768,"gmtModify":1676530622759,"author":{"id":"3570922030489337","authorId":"3570922030489337","name":"GeorgeOr","avatar":"https://static.tigerbbs.com/590cc7dd964e0cf6e057302728902b7b","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885047124","repostId":2167563356,"repostType":4,"repost":{"id":"2167563356","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1631726707,"share":"https://www.laohu8.com/m/news/2167563356?lang=&edition=full","pubTime":"2021-09-16 01:25","market":"us","language":"en","title":"Federer-backed shoemaker ON spikes 50% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2167563356","media":"Reuters","summary":"Federer-backed shoemaker ON spikes 50% on its first day of trading.\n\nOn Holding AG, a shoe firm back","content":"<p>Federer-backed shoemaker ON spikes 50% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/5e3e1aa580c2eb585d67603a68374a36\" tg-width=\"1403\" tg-height=\"816\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/ONON\">On Holding AG</a>, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.</p>\n<p>On priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.</p>\n<p>The shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.</p>\n<p>The 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.</p>\n<p>The IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.</p>\n<p>The company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.</p>\n<p>On is due to begin trading on the New York Stock Exchange on Wednesday.</p>\n<p>Goldman Sachs &amp; Co, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and J.P. Morgan are among the underwriters for the offering.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Federer-backed shoemaker ON spikes 50% on its first day of trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFederer-backed shoemaker ON spikes 50% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-16 01:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Federer-backed shoemaker ON spikes 50% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/5e3e1aa580c2eb585d67603a68374a36\" tg-width=\"1403\" tg-height=\"816\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/ONON\">On Holding AG</a>, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.</p>\n<p>On priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.</p>\n<p>The shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.</p>\n<p>The 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.</p>\n<p>The IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.</p>\n<p>The company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.</p>\n<p>On is due to begin trading on the New York Stock Exchange on Wednesday.</p>\n<p>Goldman Sachs &amp; Co, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> and J.P. Morgan are among the underwriters for the offering.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ONON":"On Holding AG"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167563356","content_text":"Federer-backed shoemaker ON spikes 50% on its first day of trading.\n\nOn Holding AG, a shoe firm backed by Swiss tennis legend Roger Federer, on Tuesday priced its initial public offering (IPO) well above the target range, valuing the company at over $6 billion.\nOn priced 31.1 million shares offered at $24 each, compared with a target range of $18 to $20 per share, raising $746.4 million, it said in a statement.\nThe shoemaker was founded in 2010 by running enthusiasts Olivier Bernhard, David Allemann and Caspar Coppetti, with Federer investing an undisclosed sum in the company in 2019.\nThe 20-time Grand Slam winner teamed up with the company earlier this year to develop the Roger Pro tennis shoe.\nThe IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-induced gym closures push more people to take up running to keep themselves fit.\nThe company's largest market is North America, which accounts for nearly 49% of total sales, followed closely by Europe.\nOn is due to begin trading on the New York Stock Exchange on Wednesday.\nGoldman Sachs & Co, Morgan Stanley and J.P. Morgan are among the underwriters for the offering.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5884774,"gmtCreate":1631755675636,"gmtModify":1634798002308,"authorId":3570241401388332,"author":{"id":3570241401388332,"authorId":3570241401388332,"name":"GabrielOr","avatar":"https://static.tigerbbs.com/95dd3c0f7679a76d0310824220d86489","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":885047124,"type":1,"supId":0,"prevId":0,"content":"<u>cool</u>","text":"<u>cool</u>","html":"<u>cool</u>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":512,"commentSize":62,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2167563356"}