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Pinterest shares up 25% on first day of trading

Shares in social media website Pinterest soared by more than 25% when the company's stock began trading on the New York Stock Exchange.

The company had set the price for its 75 million shares at $19 (£14.56) on Wednesday evening, above its $15 to $17 target range.

More to follow…

Image: Pinterest's performance on the New York Stock Exchange will be monitored closely

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