Are the Days of Publicly-Traded Wine Companies Over?

Adam, Joanna, and Zach break down the recent news that a private equity firm has purchased The Duckhorn Portfolio and is taking it private. Why has Wall Street been so cool towards wine-only companies of late, and is it something that's inherent to the wine industry, or just a bad moment for these particular entities. Please remember to subscribe to, rate, and review VinePair on Apple Podcasts, Spotify, or wherever you get your episodes, and send any questions, comments, critiques, or suggestions to podcast@vinepair.com. Thanks for listening, and be well. Joanna is drinking: Isola Bella at Café Mars Zach is drinking: Harvey Wallbanger Adam is drinking: Envinate Misturado de Abeleda Instagram: @adamteeter, @jcsciarrino, @zgeballe, @vinepair Hosted on Acast. See acast.com/privacy for more information.