«Pinterest is on the market and sets the price of the shares it offers in its initial public offering (IPO) at a range of between 15 and 17 dollars. This is a lower figure than the $ 21.54 per share of the last private fundraiser (not on the market therefore), during which it was valued at $ 12 billion. Pinterest, which launches its roadshow in the next few hours, aims to offer 75 million shares of the ipo, with which it could raise up to 1.28 billion dollars. "
One wonders what the investment projects for the App will be ...
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Source ANSA https://bit.ly/2U1XSYE