Pinterest, which operates a pinboard-style social photo sharing platform, raised $1.4 billion by offering 75 million shares at $19, above the range of $15 to $17.
Pinterest plans to list on the NYSE under the symbol PINS. Goldman Sachs, J.P. Morgan, Allen & Company, BofA Merrill Lynch, Barclays, Citi, Credit Suisse, Deutsche Bank and RBC Capital Markets acted as lead managers on the deal.
