Medical Supply Firm Medline's Stock Jumps 41% in Its Trading Debut

Smith Collection / Gado / Getty Images Medline says it supplies more than 330,000 medical products to hospitals around the world 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 rai ...