Pinterest prices IPO at $19, valuing social media company at $10 billion

📆 18.04.2019 05:03:00
📰 CNBC

⏱ Reading Time:
18 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 72%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Pinterest prices IPO at $19, valuing social networking company at $10 billion

Pinterest raised $1.43 billion in its IPO after pricing the offering at $19 a share on Wednesday, valuing the company at $10 billion.

CNBC reported earlier on Wednesday that the company would price above the expected range. Pinterest's revenue jumped 60% last year to $756 million, and the company moved significantly closer to profitability with a net loss of $63 million. Still, Pinterest's IPO is below the $12 billion valuation it attained in a 2017 financing round.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

Schreibe Kommentar

Not for me thanks

caroljsroth $10 billion? Really?

So many wood pallets..

Interesting IPO here

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

IPO market faces biggest week of 2019 so far with Pinterest, Zoom and Greenlane on tapThe initial public market is bracing for its biggest week of the year so far with eight deals on tap expected to raise $2.5 billion in proceeds.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Pinterest and Zoom to Test IPO Market After Lyft’s StumbleA pair of technology unicorns will launch themselves into the public markets Thursday, hoping the messy recent debut of Lyft Inc. is in the rearview mirror.
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »