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.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Luke Carberry Mogan.

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