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Pinterest opens up 25% in its first day of trading
2019-04-18T17:30:19Z - Kate Clark / TechCrunch
Pinterest is up more than 25% in its first day of tradingPinterest (NYSE: PINS) is a public company. The company priced its shares above range last night at $19 apiece. After selling 75 million Class A shares, Pinterest has a fresh $1.4 billion of cash to navigate the trials and tribulations of being a public company. Since then, it’s fallen below its IPO price and is currently trading at about $58 per share. Zoom, another unicorn IPO that happened to fall on the same day as Pinterest’s big debut, has skyrocketed 81 percent on its first day of trading.

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