Medline Stock (MDLN) After the Bell: IPO Closes, Shares Ease to $39.49 — What to Know Before Market Open Dec. 19, 2025
Medline Inc. closed its upsized IPO on Dec. 18, selling 248.4 million shares at $29 each, including the full underwriters’ option, raising about $7.2 billion. Shares ended regular trading at $39.98, down 2.49%, and traded near $39.49 after hours. The stock remains well above its IPO price after debuting at $41 on Wednesday. Proceeds will be used to repay debt and buy out pre-IPO owners.