Pinterest shares leap 25% in spectacular New York stock exchange debut
https://www.theguardian.com/technology/2019/apr/18/pinterest-shares-leap-25-in-spectacular-new-york-stock-exchange-debut
Pinterest, the digital pin board company, made a spectacular debut on the New York stock exchange on Thursday when its shares leapt 25% in its first few hours of trading.
The company, that allows users to “pin” and share pictures of favorite recipes, decorating tips and inspiring images, is used by 250 million users a month and reaches “eight out of 10 moms” in the US, according to its regulatory filing.