Are you interested in investing in Hermes, the luxurious French fashion house known for its high-end leather goods, clothing, and accessories? If so, you may be wondering if Hermes is on the US stock market. Let’s dive into this topic and find out.
What is the US Stock Market?
Before we answer the question of whether Hermes is on the US stock market, let’s first understand what the US stock market is. The US stock market refers to the collection of markets where stocks of publicly-traded companies are bought and sold. It includes major exchanges such as the New York Stock Exchange (NYSE) and Nasdaq.
Is Hermes on the US Stock Market?
Unfortunately, Hermes is not currently listed on any major US stock exchange. The company trades exclusively on Euronext Paris under the ticker symbol RMS.
Why isn’t Hermes on the US Stock Market?
There could be several reasons why a company chooses not to list on a particular stock exchange. One reason could be that they do not meet certain listing requirements or regulations set by that exchange. Another reason could be that they simply do not see a need to expand their investor base beyond their current listing.
Can You Still Invest in Hermes?
Even though Hermes is not currently listed on any major US stock exchange, it doesn’t mean you cannot invest in them. There are several ways to invest in foreign companies such as Hermes including:
- Purchasing American Depository Receipts (ADRs)
- Investing in a mutual fund or exchange-traded fund (ETF) that holds shares of foreign companies
- Opening an international brokerage account
Note: It’s important to do your own research and consult with a financial professional before making any investment decisions.
The Bottom Line
While Hermes may not be listed on the US stock market, there are still ways to invest in this iconic luxury brand. Understanding the different investment options available to you can help you make informed decisions about your portfolio.