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BTCC / BTCC Square / Global Cryptocurrency /
Medline’s $6.26 Billion IPO Marks Largest U.S. Listing Since Rivian

Medline’s $6.26 Billion IPO Marks Largest U.S. Listing Since Rivian

Author:
Global Cryptocurrency
Published:
2025-12-17 17:09:01
5
1
BTCCSquare news:

Medical supply giant Medline begins trading on the Nasdaq today under the ticker "MDLN" after pricing 216 million shares at $29 each. The $6.26 billion raised represents the largest U.S. IPO by proceeds since Rivian's 2021 debut, signaling renewed vigor in a market still recovering from 2022's downturn.

With annual revenue growth since inception and $20.65 billion in sales for the first nine months of 2023, Medline demonstrates the resilience of healthcare infrastructure plays. The offering's success at the high end of its $26-$30 range suggests institutional confidence despite macroeconomic headwinds.

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