Medline's IPO Soars, Raising $6.2B
Update: 2025-12-17
Description
Medlines IPO soars, raising over $6.2 billion, with shares surging by nearly 25% on debut. The company, offering a wide range of medical products, plans to use funds to reduce debt. Strong sales growth and net income increases contributed to the positive market reception. This is the largest IPO since Rivians in 2021, marking a significant event for investors and the healthcare industry.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
