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Pinterest prices IPO at $19 to begin trading Thursday

Energy Daily Thursday, 18 April 2019
Pinterest prices IPO at $19 to begin trading ThursdaySan Francisco (AFP) April 18, 2019

Pinterest on Wednesday announced it would price its initial public offering at $19 a share to begin trading on Wall Street the following day. The online bulletin board popular among women is offering 75 million shares on the New York Stock Exchange with 11.25 million extra if required, raising between $1.4 and $1.6 billion, and will trade under the symbol "PINS." At $19, the introductory
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News video: Pinterest Makes its NYSE Debut, Shares Up 25 Percent

Pinterest Makes its NYSE Debut, Shares Up 25 Percent 01:37

Pinterest made its market debut Thursday morning trading shares on the New York Stock Exchange at $23.75, nearly 25 percent higher than its initial public offering price.

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