Pinterest raised its full-year sales forecast and reported second-quarter revenue above Wall Street estimates on Thursday, as the online scrapbook company added more users, sending its shares up 12% in extended trading.
San Francisco-based Bolt, an ‘Amazon-style’ online payment solution specialist, recently completed a second funding round, increasing the total amount of finance raised since its creation in 2014 to $90 million.
Pinterest Inc on Thursday forecast 2019 revenue broadly in line with Wall Street targets, disappointing investors who had expected more from the freshly public, high flying stock, and sending its shares down 16 percent.
If any senior LVMH executive is looking very smart these days it surely is Pietro Beccari, the CEO of Christian Dior Couture, who just oversaw his house’s path-breaking cruise 2020 collection runway show in Marrakech.
Shares of Pinterest Inc surged almost 30 percent in their stock market debut on Thursday, valuing the online scrapbook company at around $16 billion and signaling investor appetite for new tech listings.