Business Maverick: Pinterest Tops Targeted IPO Range to Raise $1.4 Billion

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Business Maverick: Pinterest Tops Targeted IPO Range to Raise $1.4 Billion By Bloomberg

The digital scrap-booking company sold 75 million shares Wednesday for $19 each, after marketing them for $15 to $17, according to a statement. Based on the number of Class A and B shares outstanding after the offer, as detailed in a regulatory filing, Pinterest’s IPO price would value it at about $10.1 billion.

The listing is the second biggest in the U.S. so far this year, after Lyft Inc.’s $2.34 billion IPO and ahead of Tradeweb Markets Inc.’s $1.24 billion offer in March. Zoom Video Communications Inc. also priced its IPO Wednesday, raising $751 million in 2019’s fourth-biggest listing so far. Other high-profile companies considering going public include Slack Technologies Inc., Postmates Inc., Palantir Technologies Inc. and Airbnb Inc.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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