Pinterest and Zoom indulge in IPO micro-aggression rob_cyran
Pinterest priced its initial public offering at $19 per share on April 17. The social media site had earlier given an indicative range of $15 to $17 per share. This values the company at roughly $12.7 billion.
Zoom Video Communications also priced its shares late on April 17, at $36 apiece. The company had initially expected to sell the shares between $28 and $32, but then raised the range to $33 to $35. This gives Zoom a market capitalization of $10.7 billion, assuming underwriters exercise their greenshoe option and certain insiders exercise equity options.
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