Pinterest ends its first day of trading up 28%.
div > div.group > p:first-child"> The bump pushed Pinterest's market cap above $12 billion after it was initially priced at $19 per share, which had valued it at $10 billion. The stock continued to climb, rising 28.4% to trade at $24.40 per share with a market cap of nearly $13 billion.
The debut is the latest in what's shaping up to be a huge year for tech offerings, with Uber's IPO set for the coming weeks and Slack's direct listing reportedly on the horizon. Lyft was the first to hit the market in March, followed by software company PagerDuty last week and then Zoom, which began trading on Thursday just minutes before Pinterest.
This distinction has helped Pinterest avoid becoming embroiled in some of the same controversies as other tech platforms. Recently, Pinterest restricted search results related to vaccinations once it became aware that it was becoming a vehicle for the spread of misinformation encouraging people to avoid vaccines.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Spain's Socialists tipped to win April 28 election with 31 percent of vote: pollSpain's Socialist Party is tipped to win the country's April 28 electi...
Weiterlesen »
At least 28 killed in tour bus crash on Portuguese island of Madeira'I have no words to describe what happened. I cannot face the suffering of these people,' said Mayor Filipe Sousa of the coastal town of Canico.
Weiterlesen »
28 Things You Need If You Kind Of Suck At Everything🎵 It's unforgiving world, but these are not unforgiving products. 🎵
Weiterlesen »
Bus carrying Germans crashes, kills 28 on Portugal's MadeiraGet breaking national and world news, broadcast video coverage, and exclusive interviews. Find the top news online at ABC news.
Weiterlesen »
Madeira bus crash: At least 28 people killed after tourist bus crashes in PortugalAt least 28 people are dead and another 28 are injured after a tour bus crashed on Portugal's Madeira Island.
Weiterlesen »
Bus carrying Germans crashes, kills 28 on Portugal's MadeiraLISBON, Portugal (AP) — A tour bus carrying German tourists crashed on Portugal's Madeira Island on Wednesday, killing 28 people and injuring 28 others, local authorities said. The bus...
Weiterlesen »
At least 28 killed in Madeira tourist bus accidentAt least 28 people, most of them German tourists, died and 22 more were injured ...
Weiterlesen »