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Pinterest prices IPO at $19 per share, giving it a $10 billion valuation — lower than its $12.3 billion private valuation

Business Insider Thursday, 18 April 2019
Pinterest prices IPO at $19 per share, giving it a $10 billion valuation — lower than its $12.3 billion private valuation· Pinterest priced its IPO at $19 a share on Wednesday, giving it a valuation of $10 billion.
· It's above the range the company originally set for its IPO, though still below its last private funding valuation of $12.3 billion.
· Pinterest is expected to start trading on Thursday on NYSE under the ticker symbol...
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News video: Pinterest Joins NYSE

Pinterest Joins NYSE 00:33

Pinterest is set to begin trading Thursday on the New York Stock Exchange. The visual-bookmarking platform priced its initial public offering on Wednesday evening at $19 a share, giving it a $10 billion valuation. It was last valued at $12.3 billion in the private market. While its shares priced...

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