December 15, 1997 Beringer Stock Soars in First Day of Trading The initial public offering of 5.1 million shares of Class B common stock by Beringer Wine Estates of Napa Valley started fast once it got out of the gate in the final week of October, but not before a one-day delay caused by the Wall Street plunge of Oct.
For the full article, check out the new issue of Wine Spectator, on newsstands December 15, 1997.
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