Pinterest, the owner of the image search website known for the food and fashion photos that its users post, filed for an initial public offering.
(Reuters) — Pinterest, the owner of the image search website known for the food and fashion photos that its users post, filed for an initial public offering with U. S. regulators on Friday, looking to tap into a red-hot market for new stock offerings.
The filing comes a day after jeans maker Levi’s blockbuster debut, and ride-hailing service providers Lyft and Uber are set to pursue much-anticipated listings. Investors are anticipating 2019 may be one of the most active years ever for tech IPOs.
Pinterest, which plans to list under the symbol “PINS” on the New York Stock Exchange, set a placeholder amount of $100 million to indicate the size of the IPO. The final size will change.
