Pinterest IPO price softens expectations, would value company around $9 billion

  • 📰 washingtonpost
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

México Noticias Noticias

México Últimas Noticias,México Titulares

The visual discovery app estimates that shares for its initial public offering will range from $15 to $17, less than a previous funding round.

A Pinterest banner hangs on the facade of the New York Stock Exchange. . By Hamza Shaban Hamza Shaban Technology reporter Email Bio Follow April 8 at 10:24 AM Pinterest, the networking site where users can discover and share images for cooking, fashion and design, has set an IPO price range that values the company at upward of $9.2 billion, according to a regulatory filing Monday.

Though underwriters tend to price IPOs conservatively in the hope shares will exceed the set value after trading begins, Pinterest’s expected range gives the company a lower valuation than it had in 2017. At that time, it was worth an estimated $12 billion.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

This what you can do with owning the Birth-Right of the Sovereign Principle.

At 10x losses, that’s cheap compared Lyft.

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...................

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 95. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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.
Fuente: CNBC - 🏆 12. / 72 Leer más »