Ipo Category

April 8, 2019

Pinterest scales back IPO price in hopes to raise $1.5 billion

Pinterest has set the pricing of its initial public offering slightly below its last  private-market valuation from two years ago.
The social media website updated its IPO filing with the SEC on Monday, stating that it would sell 75 million shar…

April 8, 2019

Pinterest IPO pricing values company at least $1 billion lower than last fundraising

Pinterest’s price range for its upcoming IPO of stock values the company more than $1 billion below its last venture capital round in 2017.

April 5, 2019

Uber IPO underwriter Morgan Stanley denies reports that it marketed a short-selling product to Lyft investors

It’s getting bare-knuckled out there again in the ride-hailing wars. According to a report earlier today from The Information, newly public Lyft threatened Morgan Stanley with legal action earlier this week, demanding in a letter that the powerful investment bank stop marketing a short-selling product that it believed was disrupting trading in its stock. The […]