Pinterest and Zoom Aim to Jump In, Not Overboard - News Summed Up

Pinterest and Zoom Aim to Jump In, Not Overboard


For Pinterest and Zoom Video, braving the public waters may be less an act of audacity than an act of necessity. The two companies are the latest among a class of tech “unicorns” to go public, with their first trades expected Thursday morning. Pinterest, the larger of the two, priced its shares above their expected range late Wednesday at $19, valuing the social network around $10 billion. Zoom also priced its shares above its recently raised range at $36, giving the provider of cloud-based videoconferencing services a valuation...


Source: Wall Street Journal April 18, 2019 09:56 UTC



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