Pinterest shares jump 28% on first day of trading

Pinterest shares jump 28% on first day of trading

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BPC Staff | Apr 18, 2019 | 8:53 pm |

<1 min read time

Pinterest, the digital pin board startup co-founded by Des Moines native Ben Silbermann, spent years avoiding the spotlight and tamping down any hype about its growth.

New York Times: Pinterest, the digital pin board startup co-founded by Des Moines native Ben Silbermann, spent years avoiding the spotlight and tamping down any hype about its growth. Today it could no longer stay out of the glare, as its shares rose 28% on its first day of trading as a public company, closing at $24.33.