Medline IPO sets surprising record

Medline Industries, one of the largest providers of medical surgical products and supply chain solutions, is now trading under the ticker MDLN on the Nasdaq Composite. It set a new benchmark for Wall Street as the largest US IPO of 2025 and the biggest US stock debut in four years, since EV maker Rivian raised 11.9billionin2021.MedlinealsobecamethefifthU.S.listedfirmtoraisemorethan11.9 billion in 2021. Medline also became the fifth U.S.-listed firm to raise more than 5 billion in an IPO over the past decade, according to Bloomberg. The other four companies are Uber Technol ...