The economics of both firms are attractive, but their valuations are very high, as is typical for tech new issues.
The two tech unicorns popped on their first day of trading, but the performance of Lyft since its own initial day of trading serves as a cautionary tale.
Zoom is profitable already but has a very lofty valuation, while Pinterest has some clear advantages over Lyft but one big con.
Zoom Video Communications surges on its first trade, joining fellow tech unicorn Pinterest on the public markets on Thursday.
Shares of Pinterest kick off at $23.75 on the New York Stock Exchange, above below their initial public offering price of $19 a share.
The unicorn Pinterest makes its debut at the New York Stock Exchange. Watch the video from TheStreet's Cramer Live to find out why investors should be careful with this 'happy stock'.
The software giant's cloud business is at an 'inflection point of demand' based on its channel checks, according to Wedbush analyst Dan Ives.
The two tech unicorns are hoping to avoid the bumpy ride that Lyft's IPO has taken.
Among the many important details that remain unknown are what Qualcomm's new iPhone royalty rate looks like, and how Qualcomm's battle with the FTC will play out now.
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