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.
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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. My response to Pinterest.
Source: WSJ - 🏆 98. / 63 Read more »
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... pinterest will now suck b/c its going public. Just like Facebook and Twitter.
Source: MarketWatch - 🏆 3. / 97 Read more »
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. downhill Pinterest is still in use? Pinterest is not worth investing in.
Source: WSJ - 🏆 98. / 63 Read more »
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.
Source: CNBC - 🏆 12. / 72 Read more »
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. A dollar for every picture my wife has shown me of bread recipes from them trumpy loves plaques with his name on it in gold letters.. Freaking 5 year old, trumpys Mom never gave him any gold stars on the refrigerator. When or if he ever did any good in school..I guess................... At 10x losses, that’s cheap compared Lyft.
Source: washingtonpost - 🏆 95. / 72 Read more »
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. Pinterest IPO vs GE devolution. The juxtaposition is too easy. A twenty or 30 year trend continues. Three dimensional working things vs electron/photon virtual world of infotainment.
Source: MarketWatch - 🏆 3. / 97 Read more »