Medical supply chain company Premier rises in market debut

Reuters, September 27, 2013
(Reuters) - Shares of Premier Inc rose 15 percent in their market debut on Thursday as investors bet on the medical supply-chain management company's cost-effective services that complement a broader regulatory goal of lower healthcare spending. Premier's initial public offering valued the company at about $4.40 billion. The company's stock was up 14 percent at $30.72 in late-morning trading after touching a high of $31. About 14 million shares changed hands, making Premier one of the heavily traded stocks on the Nasdaq.

MOST POPULAR

SPONSORED REPORTS
SPONSORED HEADLINES

SIGN UP

FREE e-Newsletters Join the Council Subscribe to HL magazine

SPONSORSHIP & ADVERTISING

100 Winners Circle Suite 300
Brentwood, TN 37027

800-727-5257

About | Advertise | Terms of Use | Privacy Policy | Reprints/Permissions | Contact
© HealthLeaders Media 2015 a division of BLR All rights reserved.