Daily Digit: Moncler's Shares Bounce 40% - Presented by: The Aol. On Network

Forty per cent is today's daily digit. That's how much shares in luxury outdoor clothes maker Moncler leapt on their debut on the Milan stock exchange, on the promise of strong growth. The trading follows Italy's biggest IPO since 2010. The company floated close to a third of its equity, giving it a market cap of around two and half billion euros. Moncler's signature is luxury down jackets for the outdoor clothes market. Top of the range items retail for twelve hundred dollars.



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