Pinterest reports smaller 1Q loss but results drag stock

Tech 05/16/19, 16:26

Pinterest, fresh off its initial public offering, posted a loss for the first three months of the year that was larger than analysts were expecting, though revenue was slightly stronger. Its revenue forecast, though, was slightly below expectations and its ...

Uber gets hit again; shares below $40

Business 05/13/19, 07:33

Uber shares are down 7% and trading below $40 before the opening bell. Monday will be the ride-hailing company's first full day of trading after its rough initial public offering Friday when it offered shares for $45 each. It's rare to see ...

Update: Uber slides in first day of trading

Business 05/10/19, 11:04

The Latest on ride-hailing giant Uber's initial public stock offering (all times local):11:59 a.m.Uber's shares began trading about $2 below its initial public offering price of $45.A banner for Uber is draped on the front of the New York Stock ...

Your Uber has arrived, on Wall Street

Business 05/10/19, 06:42

Uber's next stop is the stock market, where it hopes to pick up more investors willing to bet on a ride-hailing market brimming with potential and conspicuously lacking in profits.The world's largest ride-hailing service reached a major milestone Thursday when ...

Uber shifts into lower gear, prices IPO at $45

Business 05/09/19, 16:40

Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years.The world's leading ride-hailing service set the stage for its long-awaited arrival on the stock market by pricing its ...

IPOs bring tax jackpot for California; can lawmakers resist?

U.S. 05/05/19, 14:20

Uber and Airbnb are among at least six California-based companies valued at more than $1 billion expected to go public this year, creating a new class of millionaires and billionaires and a welcome quandary for the state's budget writers.Though it's ...

Work messaging app Slack takes next step for IPO

Tech 04/26/19, 10:31

Work messaging platform Slack is taking the next step in filing to go public, the latest in several highly anticipated tech IPOs.In documents posted with the Securities and Exchange Commission Friday, Slack Technologies Inc. says it posted a loss of ...

Two Zooms are soaring after IPO: Did you buy the wrong one?

Business 04/18/19, 11:28

One IPO, two stocks Zooming higher.Investors on Thursday pounced on their first chance to buy shares of Zoom Video Communications, the video-conferencing company that had its initial public offering of stock. Shares opened higher by 81%.But others may have mistakenly ...

IPO mania: Zoom, Pinterest surge in market debuts

Business 04/18/19, 10:53

Investors are giving unicorn technology companies Zoom and Pinterest a rousing reception in their debuts on the stock market.Zoom Video Communications, which makes video conferencing technology, soared 70% after pricing its initial public offering at $36. Pinterest, which lets users ...

Update: Uber reveals finances as it gears up for IPO

Business 04/11/19, 16:05

The Latest on Uber revealing its finances ahead of its initial public offering (all times local):1:50 p.m.Uber is providing a look under the hood of its business in the lead-up to its hotly anticipated debut on the stock market.FILE- In ...

Uber reveals finances as it gears up for IPO

Business 04/11/19, 15:46

Uber is providing a look under the hood of its business in the lead-up to its hotly anticipated debut on the stock market.Documents released Thursday offered the most detailed view of the world's largest ride-hailing service since its inception a ...

Lyft shares skid below IPO price in first full trading day

Tech 04/01/19, 15:33

Lyft's shares have slumped almost 12 percent in their first full day of trading following the ride-hailing company's initial public offering of stock.The shares closed Monday down $9.28 at $69.01. That's below the San Francisco-based company's IPO price of $72.In ...

Investors hitch a ride on Lyft’s IPO at $72 a share

Business 03/29/19, 02:05

Lyft had little trouble getting investors to hop on board its increasingly popular ride-hailing service, as its initial public offering fetched a $72 per-share price that exceeded even its own expectations.The next big test comes Friday morning when the San ...

Digital scrapbooking site Pinterest files for IPO

Business 03/22/19, 18:30

Pinterest is pinning its future on Wall Street, with the digital scrapbooking site on Friday filing for an initial public offering of stock.It follows a similar filing with securities regulators earlier this month by ride-hailing company Lyft in what is ...

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