NEW YORK (AP) - Shares of HD Supply Holdings are rising in their trading debut on the Nasdaq stock market.

NEW YORK (AP) Shares of HD Supply Holdings are rising in their trading debut on the Nasdaq stock market.

The Atlanta-based industrial distributor sold 53.2 million shares at $18 per share to raise $957.6 million in the IPO.

Its shares rose 58 cents, or 3.1 percent, to $18.58 in midday trading. Its shares traded as high as $19.25 and as low as $17.80 in morning trading.

HD Supply Holdings had previously said it expected to price it shares between $22 and $25 each.

The company granted its underwriters an option to buy up to 8 million more shares. They trade under the symbol "HDS."

HD Supply Holdings Inc. is the parent company of HD Supply Inc. It was formed in 2007 after a group of investors bought Home Depot Inc.'s former wholesale distribution business.