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Posted On: 04/08/2019 5:05:12 PM
Post# of 32973
Keep in mind, not a PO, but an IPO..
Pinterest files for an IPO and could be worth nearly $12 billion
New York (CNN Business) — Pinterest wants to sell its shares at between $15 and $17 when it goes public. That could value the company at nearly $12 billion.
Pinterest posted $766 million in sales last year, an increase of 60% from the year prior, fueled by its advertising business. But like many other start-ups planning IPOs, it has never reported a profit. It lost $63 million last year, though that was smaller than earlier annual losses.
https://www.cnn.com/2019/04/08/investing/pint...index.html
Pinterest files for an IPO and could be worth nearly $12 billion
New York (CNN Business) — Pinterest wants to sell its shares at between $15 and $17 when it goes public. That could value the company at nearly $12 billion.
Pinterest posted $766 million in sales last year, an increase of 60% from the year prior, fueled by its advertising business. But like many other start-ups planning IPOs, it has never reported a profit. It lost $63 million last year, though that was smaller than earlier annual losses.
https://www.cnn.com/2019/04/08/investing/pint...index.html
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