change

Pinterest IPO Is Coming to the Market For Less Than Expected

Pinterest (PINS) announced yesterday it would issue 75 million shares for $15-17 each. Based on its 529 million share count, that translates into an overall valuation of $7.9 billion to $8.9 billion. The number immediately raised eyebrows because PINS was valued around $12 billion in the private market 22 months ago.

Why Stocks Move: Business Transformation

Business transformation is the sixth of our seven major catalysts for price movement in the stock market. It occurs when a company transitions from an old, weakening model to a new model better suited to the present time. The process often results from changes in technology, but can also involve adapting to more recent customer trends.

Showdowns in Tech: Battle for the Cloud

Microsoft (MSFT) is making serious efforts to enter the world of “cloud computing,” the business of large companies using third-party servers and software instead of running their own data centers. It’s a broad shift that’s been occurring in the world of tech for most of the decade.