Jim Cramer says investors should take wait-and-see approach with Birkenstock IPO

Jim Cramer says investors should take wait-and-see approach with Birkenstock IPO

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CNBC's Jim Cramer on Monday told investors they may be wise to sit out the "initial feeding frenzy" when German sandal maker Birkenstock enters the market in an initial public offering on Wednesday. Birkenstock is expected to attain a $10 billion valuation and is seeking to price shares at the top…

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