Five members of the Illinois-based Mills family joined the three-comma club on Wednesday, as the nearly 60-year-old medical supplies giant that their fathers founded finally went public.

The share price of medical supplies titan Medline rose by 40% during Wednesday's trading on the first day of its initial public offering.

Medline priced at $29 per share on Tuesday, raising $6.26 billion to cap off a strong year for new listings and bolster optimism about 2026.

A $6.3 billion Medline IPO, rising deal totals and looming tech listings are reshaping expectations for global markets.

The Medline founding family's stake in the medical supply company is worth about $7 billion after its $6.26 billion initial public offering, the largest of the year after an upsizing.

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Medline shares surged in their trading debut Wednesday, after the medical supply company raised $6.26 billion in one of the biggest initial public offerings in recent years.

An IPO-focused ETF adds Medline early, signaling renewed Wall Street enthusiasm as IPO activity begins to heat up again.

Recent Medline moves include new vendor agreements and an IPO, strengthening supply chain ties with major health systems.

Rather than taking the windfall stock valuation and walking away from the company their ancestors, Jim and Jon Mills, founded ...

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