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A big win for PINS: Pinterest prices $1.4 billion IPO above the range at $19

April 17, 2019

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.