Dec. 17 (UPI) -- The share price of medical supplies titan Medline rose by 40% during Wednesday's trading on the first day of its initial public offering, which is the year's largest.
Medline's IPO raised $6.3 billion after opening at $29 per share and closing at $41, while posting a gain of $12 per share for a 41.38% rise, according to Yahoo Finance.
The share price continued its rise during after-hours trading.
Its share price opened at $35 on Wednesday morning and continued its rise afterward to post a gain of $6.26 billion, CNBC reported.
Related
