US Foods Holding Corp. (US Foods), a leading foodservice distributor in the United States, began trading today on the New York Stock Exchange (NYSE) under the ticker symbol “USFD,” after its initial public offering. US Foods raised $1.02 billion in gross proceeds and is the second U.S. IPO in 2016 to raise over $1 billion in proceeds, following MGM Growth Properties (NYSE: MGP), which listed in April. GTS is the NYSE Designated Market Maker (DMM) for the company’s shares.
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