Reformation IPO Closes Flat After Raising $210.9M at Bottom of Range
Tom Rudovsky · Reported by Binance News
More coverage: Industrial
Sentiment
Neutral
Importance
7
Price
$15
Mkt Cap
0
52W Low
0
52W High
0
52W Position
Off High
Rel. Volume
Market data snapshot near publication time
Summary
Reformation's IPO priced at $15, the bottom of its marketed range, and closed flat on its first trading day. The total raise came in at $210.9 million, higher than the $142 million initially reported, reflecting full exercise of the overallotment option. The flat debut and low-end pricing signal cautious demand for the sustainable womenswear brand. This follows the pricing announcement yesterday and the final prospectus filing today. The stock's aftermarket performance will be a key test of investor appetite.
At the time of this announcement, REF was trading at $15.00 on NYSE in the Trade & Services sector. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Binance News.
Price Chart
REF - Latest Insights
REF
Sep 11, 2026, 5:11 PM EDT
Price at Filing:
$14.03
Real-time Price:
$12.70
Change:
-$1.33 (-9%)
Market Cap:
$750.307M
REF
Sep 10, 2026, 4:35 PM EDT
Price at Filing:
$13.60
Real-time Price:
$12.70
Change:
-$0.900 (-7%)
Market Cap:
$750.307M
REF
Sep 10, 2026, 4:07 PM EDT
Price at Filing:
$13.15
Real-time Price:
$12.70
Change:
-$0.450 (-3%)
Market Cap:
$750.307M
REF
Jul 30, 2026, 4:31 PM EDT
Price at Filing:
$15.28
Real-time Price:
$12.70
Change:
-$2.58 (-17%)
Market Cap:
$750.307M
REF
Jul 29, 2026, 7:00 PM EDT
Price at Filing:
N/A
Real-time Price:
$12.70
Change:
N/A
Market Cap:
$750.307M