Pinterest prices IPO at $19 per share, giving it a $10 billion valuation — lower than its $12.3 billion private valuation

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Pinterest prices IPO at $19 per share, giving it a $10 billion valuation — lower than its $12.3 billion private valuation
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Pinterest is expected to start trading Thursday on NYSE under the ticker 'PINS.'

It's above the range the company originally set for its IPO, though still below its last private funding valuation of $12.3 billion., the self-described"visual discovery" platform, priced its IPO at $19 a share on Wednesday, giving it a valuation of $10 billion.

Pinterest's IPO price is above the $15 to $17 range previously set by the company in a filing on April 8. At the high end of that range, Pinterest would have been valued at $9 billion — far below its most recent private funding round, which gave it a $12.3 billion valuation.Pinterest's IPO team wants to convince investors that it has more in common with Google than Snap

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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