Pinterest, Zoom shares surge in market debuts after IPOs
Share:
(Reuters) - Shares of Pinterest Inc surged almost 30 percent in their stock market debut on Thursday, valuing the online scrapbook company at around $16 billion (12.32 billion pounds) and signalling investor appetite for new tech listings.That bodes well for the U.S. IPO market as ride-hailing company Uber Technologies Inc prepares for its highly anticipated debut, particularly with shares in smaller rival Lyft Inc floundering below their March offering price. "All of the gyrations that you read..