Education Firm McGraw Hill Flat After $414.6 Million IPO

Simon Allen, chief executive officer of McGraw Hill Inc., on the floor of the New York Stock Exchange during the company's IPO on Thursday. — Simon Allen, chief executive officer of McGraw Hill Inc., on the floor of the New York Stock Exchange during the company's IPO on Thursday.
Photographer: Michael Nagle/Bloomberg

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By Natalia Kniazhevich and Anthony Hughes

July 24, 2025 at 4:26 PM UTC

Updated on

July 24, 2025 at 8:25 PM UTC

McGraw Hill Inc. shares were flat after the company raised $414.6 million in its US initial public offering.

Shares of the education tech firm closed at $17 each on Thursday in New York, the same as the IPO price. The offering of 24.39 million shares was marketed in a range of $19 to $22 each.