Pinterest valued at $12.7 billion in IPO, sign of tech demand after Lyft struggles
https://www.reuters.com/article/us-pinterest-ipo/pinterest-valued-at-12-7-billion-in-ipo-sign-of-tech-demand-after-lyft-struggles-idUSKCN1RU00B
Pinterest Inc's initial public offering set the online scrapbook company's valuation at $12.7 billion on Wednesday, above its expectations and a sign of strength for the tech IPO market after Lyft Inc's struggles.