- Shares of Pinterest Inc surged 25 percent in their debut on Thursday, giving the online scrapbook company a market capitalization of $15.8 billion and signaling increased investor appetite for new tech listings.
Its shares opened at $23.75, well above the $19 they were priced at, and touched a high of $24.99 in its first hour of trading. Thursday also saw a successful debut by U.S. video conferencing firm Zoom Video Communications, which soared 80 percent above its IPO price of $36.
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