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* PINS stock opened today at $23.60, which is 24% above its price for the IPO. * The lead joint book-running managers for the offering are Goldman Sachs, J.P. Morgan Securities and Allen & Company.
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 sharing social media platform Pinterest confirmed in a regulatory filing early Monday that it is seeking to sell 75 million shares of the company at $15 to $17 each as part of its initial ...
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At the upper end of its target range, the company could have a market valuation of about $11.30 billion and could raise $1.3 billion in net proceeds, taking into account restricted stock units and ...
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.
Digital scrapbooking site Pinterest is set to debut its initial public offering (IPO) at an initial price of $15 to $17 a share, according to its latest prospectus, which will peg the value of the ...
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