Pinterest can make a virtue out of its down-round IPO GinaChon
Social-scrapbooking app Pinterest set a price range of $15 to $17 per share for its initial public offering of 75 million shares, according to an updated filing with the Securities and Exchange Commission on April 8. Using the top of the range would value the company at $11.3 billion, including restricted stock units and options. Pinterest was valued at some $12 billion in its most recent funding round in 2017.
Separately, shares in the ride-hailing app Lyft fell below their IPO price of $72 per share on the second day of trading on April 1. It was still trading below that price in early afternoon trading on April 8.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Pinterest Is Expected to Set IPO Price Range Below Last ValuationPinterest plans to set a price range for its IPO that is below where the online image-search company last raised money privately when it begins a roadshow to pitch the shares to investors Monday.
Weiterlesen »
Pinterest sets range for IPO at $15-17, expects to sell 75 million sharesOnline-imaging company Pinterest set a price range for its coming initial public offering at $15 to $17 dollars on Monday, as the company begins to market...
Weiterlesen »
Stock futures fall | GE shares dive | Pinterest sets its IPO priceFutures are pointing to a lower Wall Street open, meaning that the S&P 500's win streak could come to an end.
Weiterlesen »
Pinterest Sets IPO Price Range Below Last ValuationPinterest set a price range of $15 to $17 for its initial public offering, a range that is below where it last raised money privately, as the company begins its roadshow to pitch shares to investors.
Weiterlesen »
Pinterest seeks $15-$17 per share in IPO, below last private valuationPinterest Inc on Monday set a price range of $15 to $17 per share for its initia...
Weiterlesen »
Pinterest enters IPO market on a roll, even with Lyft's pullbackLyft's rocky debut has been an exception to the hot IPO market so far this year.
Weiterlesen »
Pinterest IPO price softens expectations, would value company around $9 billionThe visual discovery app estimates that shares for its initial public offering will range from $15 to $17, less than a previous funding round.
Weiterlesen »
Pinterest Is Taking Its IPO on the Road — With a Lower ValuationPinterest set the price range for stock to be sold in its initial public offering at a level below that in its most recent valuation, as the company begins a roadshow to win over investors ahead of its expected debut.
Weiterlesen »