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View Full Version : 3 IPO's for tomorrow, 4/18/2019



SarasotaRepub
04-18-2019, 12:36 AM
GREENLANE HOLDINGS, INC. (GNLN) IPO


PINTEREST, INC. (PINS) IPO


ZOOM VIDEO COMMUNICATIONS, INC. (ZM) IPO

Info from NASDAQ.COM (https://www.nasdaq.com/markets/ipos/)

cadillac shark
04-18-2019, 04:31 AM
Wow. I'd tend to go with Pinterest because it should open around 15-bucks. Buy, then sit on it.

I don't really know the other two.

SarasotaRepub
04-18-2019, 12:04 PM
PINS opened at 24 and is unchanged.

ZM is up 27!!!!

GNLN is up a little over 6.


So much for PINS being the high flyer!!!

Retread
04-18-2019, 02:12 PM
Welllllll ... maybe not a total flatline.


As of mid-afternoon, the stock was up 28.3%, or $5.37, at $24.37 on the New York Stock Exchange. Pinterest raised $1.43 billion in the IPO, which valued the company at $12.7 billion, but based on the opening trade, the valuation jumped to $15.9 billion. The indicative range for the offering initially was $15 to $17 a share, though investors appeared to be hungrier for the online pinboard social media company despite recent challenges faced by other so-called unicorn IPOs that kicked off below their starting price.