1. Madison Air IPO Soars 18%, Largest U.S. Industrial Offering Since 1999 on AI Cooling Demand
Madison Air Solutions has pulled off the largest U.S. industrial IPO in nearly three decades, surging 18% on its first day of trading after raising $2.23 billion. The stock closed at $31.75, a powerful signal of intense investor appetite for industrial companies directly tied to the AI infrastructure buildout. This is ...