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Medical Supply Firm Medline's Stock Jumps 25% in Its Trading Debut
Investopedia· 2025-12-18 02:45
Key Takeaways Shares of medical supply company Medline soared in their trading debut on the Nasdaq Wednesday.The company raised more than $6 billion with the sale of 216 million shares priced at $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 ...