Private Equity

Pinterest Prices Ipo Above Range – Techcrunch

by techcrunch.com posted 1year ago 58 views
Pinterest will begin trading on the NYSE tomorrow. : Pinterest priced shares of its stock, “PINS,” above its anticipated range on Wednesday evening, CNBC reports. The company will sell 75 million shares of Class A common stock at $19 apiece in an offering that will attract $1.4 billion in new capital for the visual search engine. The NYSE-listed business had planned to sell its shares at between $15 to $17 and didn’t increase the size of its planned offering prior to Wednesday’s pricing.

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