The company priced 30 million shares at $26 a share, all by selling shareholders.
The stock dipped 1.44% to $25.98 at 10 a.m. More than 6.6 million shares had changed hands, which easily beat the average volume of 1,099,400.
RBC's Deane Dray says a Trump Bump resets the economic expansion clock and outlines the 'safe havens' he sees in the multi-industry sector.
The S&P 500 and Dow Jones Industrial Average trade at session highs early Wednesday afternoon as a broad rally overshadows a slump in health care stocks.
The S&P 500 reverses an earlier loss to post small gains, trading at a new intraday record, thanks to broad gains across all sectors save for health care.
Here are Wednesday's top research calls, including upgrades for Best Buy, Marathon Petroleum and 3M, and downgrades for Humana and Kellogg.