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Medline Surges After Year’s Most Valuable IPO
Yahoo Finance· 2025-12-18 05:01
If 21st-century markets were an episode of The Andy Griffith Show, this news might have cued Gomer Pyle’s trademark line, “Surprise, surprise, surprise.” The biggest IPO of 2025 has no connection to artificial intelligence, semiconductors or data centers. It’s for a company that makes hospital gowns. On Wednesday, shares of medical supply company Medline jumped 40% in their Nasdaq debut, closing at $40 a pop after being priced at $29 in an IPO valued at $6.3 billion. SUBSCRIBE: Receive more of our free ...