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Visual discovery platform Pinterest (NYSE:PINS) started out life as public company on the right foot. The Pinterest IPO price? $19. The opening price? $23.75, up 25% from the list price. The price ...
Image-search company Pinterest Inc has sped up the timing of its initial public offering, as it looks to tap into a red-hot market for new issues, the Wall Street Journal reported, citing people ...
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IPO underpricing is the increase in stock value from the initial offering price to the first-day closing price. Many believe that underpriced IPOs leave money on the table for corporations, but some believe that underpricing is inevitable. Investors state that underpricing signals high interest to the market which increases the demand.
Reuters had reported in January Pinterest, which plans to list under the symbol "PINS" on the New York Stock Exchange, could raise around $1.5 billion and that the IPO was likely to come in the ...
eGain: Its stock price doubled shortly after its 1999 IPO. Egghead Software: An online software retailer, its shares surged in 1998 as investors bought up shares of Internet companies; by 2001, the company was bankrupt. eToys.com: An online toy retailer whose stock price hit a high of $84.35 per share in October 1999. In February 2001, it filed ...
Pinterest is an American social media service for publishing and discovery of information [5] in the form of pinboards. [6] This includes recipes, home, style, motivation, and inspiration on the Internet using image sharing. [7] Pinterest, Inc. was founded by Ben Silbermann, Paul Sciarra, and Evan Sharp, [8] and is headquartered in San ...