Pinterest is up more than 25% in its first day of trading
TechCrunch Industry News · TechCrunch
April 19, 20193m 25s
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Show Notes
Pinterest is up more than 25% in its first day of trading Pinterest (NYSE: PINS) is a public company. Ben Silbermann’s virtual pinboard rose 25 percent in its NYSE debut, opening at $23.75 per share. Currently, shares of its stock are up another 2 percent, trading at more than $24 each. The company priced its shares above range last night at $19 apiece. The IPO price gave the company a fully diluted market cap of $12.6 billion, a figure slightly larger than its Series H valuation of $12.
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