Jeans maker Levi Strauss NYSE darling in Thursday IPO

Levi Strauss surged more than 30% during its public debut Thursday on the New York Stock Exchange. The iconic maker of Levi’s 501 blue jeans raised $623 million from the stock sale. Levi Strauss(LEVI) priced the initial public offering at $17 a share, above its expected price range. At an early trading price of $22.97 a share, the 166-year old company is valued at about $8.9 billion.