Similar Stories to Zoom Gets Billions More In Investor Love Than Pinterest In Their Market Debuts on Bing News

Cromwell Schubarth, Biz Journals
Thu, 04/18/2019 - 2:44pm

The value of Zoom Video Communications Inc. surpassed Pinterest Inc.'s on Thursday as both companies made their stock-market debuts. The market cap of San Jose-based cloud-based video communications company Zoom ended its first day of trading on Nasdaq at nearly $16 billion. That handily topped the valuation of just under $13 billion given to San Francisco-based Pinterest at the end of its first trading day on the New York Stock Exchange. Both companies topped their IPO targets and their shares…

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