Lineage raises $4.4 billion in Nasdaq debut via IPO
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Cold storage warehouse operator Lineage (LINE) debuted on the Nasdaq via an IPO (initial public offering), raising $4.4 billion to mark biggest listing seen year-to-date in 2024. The real estate investment trust (REIT) began trading at $82 per share, above its original pricing of $78.
Josh Lipton and Julie Hyman discuss Lineage's market debut and speculate whether it could rally enthusiasm back into the IPO market.
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This post was written by Luke Carberry Mogan.