Pinterest boosts IPO price under strong investor demand

//Pinterest boosts IPO price under strong investor demand

Pinterest boosts IPO price under strong investor demand

Pinterest’s long-awaited IPO priced at $19 per share Wednesday, capturing institutional investors’ confidence like the previous two tech unicorn IPOs that debuted within the past four weeks. Whether that surge continues into public trading remains to be seen. San Francisco-based Pinterest priced its shares above its original pricing range of $15 to $17 —- a sign of strong investor demand. When enterprise software company PagerDuty (NYSE: PD) rolled out its public offering last week, it priced…

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By | 2019-04-18T01:54:37+00:00 April 18th, 2019|Technology|

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