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.
Jim Cramer is bullish on Lockheed Martin, TG Therapeutics, and HD Supply.
Growth is crushing value, says Jim Cramer, and the dynamic is more pronounced in individual sectors.
Wednesday's downgrades of Coca-Cola and PepsiCo are in focus.
Wall Street awaits several market-moving news out later this week.