Stock Track | Medline Inc Plummets 7.16% Intraday as Investors Take Profits Post-Strong IPO Debut

Stock Track
昨天

Medline Inc's stock plummeted 7.16% in intraday trading on Thursday, following a 41% surge on its Nasdaq debut the previous day. The medical-surgical products supplier had opened at $35, well above its IPO price of $29, and closed at $41, marking one of the strongest IPO performances of the year.

The decline is attributed to profit-taking by investors after the stock's significant initial rally. Market analysts note such pullbacks are common after a high-profile IPO, as early investors cash in on gains. Medline's IPO raised $6.26 billion, making it the largest U.S. listing since Rivian in 2021.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10