Pinterest prices IPO at $19 per share, giving it a $10 billion valuation — lower than its $12.3 billion private valuation

Business Insider | 4/17/2019 | Becky Peterson
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Pinterest priced its IPO at $19 a share on Wednesday, giving it a valuation of $10 billion.

It's above the range the company originally set for its IPO, though still below its last private funding valuation of $12.3 billion.

Pinterest - Trading - Thursday - NYSE - Ticker

Pinterest is expected to start trading on Thursday on NYSE under the ticker symbol "PINS."

Pinterest, the self-described "visual discovery" platform, priced its IPO at $19 a share on Wednesday, giving it a valuation of $10 billion.

Company - Trading - New - York - Stock

The company is expected to start trading on the New York Stock Exchange on Thursday under the ticker symbol "PINS." It's joined by another multi-billion dollar unicorn — Zoom, the video conferencing platform, which is also expected to list on Nasdaq on Thursday under the ticker symbol "ZM."

Pinterest's IPO price is above the $15 to $17 range previously set by the company in a filing on April 8. At the high end of that range, Pinterest would have been valued at $9...
(Excerpt) Read more at: Business Insider
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