Pinterest prices its IPO at a price tag of $11.3 billion — below where it was last valued
Pinterest announced the pricing of its initial public offering on Monday morning at a price tag below where it was previously valued.
The social-media company set the range of its IPO at between $15 and $17 a share, according to a filing with the Securities and Exchange Commission, giving it a maximum valuation of about $11.3 billion. Pinterest was last valued at $12.3 billion.
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Contributer : Tech Insider http://bit.ly/2IiSWwd
Pinterest prices its IPO at a price tag of $11.3 billion — below where it was last valued
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Monday, April 08, 2019
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