Medical Supply Firm Medline's Stock Jumps 25% in Its Trading Debut
Key Takeaways Shares of medical supply company Medline soared in their trading debut on the Nasdaq Wednesday.The company raised more than 29 each, making its the largest U.S. IPO in terms of proceeds since Rivian's in 2021. Medline shares surged in their trading debut Wednesday, after the medical supply company raised $6.26 billion in one of the biggest initial public offerings in recent years. The stock, which trades under the "MDLN" stock tic ...