Pinterest shares leap 25% in spectacular New York stock exchange debut

Pinterest shares leap 25% in spectacular New York stock exchange debut

5 years ago
Anonymous $9jpehmcKty

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.

Pinterest shares leap 25% in spectacular New York stock exchange debut

Apr 18, 2019, 5:47pm UTC
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.