Tuesday, 23 April 2019

Pinterest IPO: Shares soar in their stock-market debut

Pinterest Inc. stock soared in its trading debut after the company raised $1.4 billion in the second-biggest U.S. initial public offering of the year.

Shares of the digital-scrapbooking company leaped to $24.40 on Thursday, up 28.4% from their IPO price of $19. The closing price gives Pinterest...

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