Busy Day for IPOs on the Big Board

It’s IPO Day at the NYSE.

US Foods Holding became the second largest IPO of the year,  selling shares at the upper end of the expected range. The food-distribution company sold shares at $23 apiece, raising $1.02 billion. US Foods is owned by private-equity firms Clayton Dubilier & Rice and KKR & Co.

US Foods was expected to sell shares between $21 and $24.

Trading in shares opened at $24.25. The company trades on the NYSE under the symbol USFD.

Cotiviti is a payment solutions company in the healthcare sector. It priced 12.5 million shares at $19 each, exactly where shares were when trading opened. The company had set an expected range of $17 - $19. Cotiviti trades under the ticker COTV.

GMS is a distributor of interior construction products. The company sold 7 million shares at $21 each. That’s at the low end of the $21-$23 offering range. Shares began trading at $22.50

Shares trade under the symbol GMS.