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.
Aureus Asset Management co-founder Karen Firestone told CNBC that she thinks HD Supply (HDS) stock will outperform in the next year based on the housing market.
TheStreet highlights 3 stocks pushing the financial services industry lower today.
Trade-Ideas LLC identified HD Supply Holdings (HDS) as a new lifetime high candidate