General World News

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

Ben Silbermann

  • 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 “PINS.”

Pinterest, the self-described “visual discovery” platform, priced its IPO at $19 a share on Wednesday, giving it a valuation of $10 billion.

The company is expected to start trading on the New York Stock Exchange on Thursday under the ticker symbol “PINS.” It’s joined by another multi-billion dollar read more >>>

Source:: BusinessInsider.Com