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Marketplace Morning Report

Are banks the last line of defense against elder fraud?

May 23, 2019

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How does this year’s wave of IPOs compare to 1999’s?

Meghan McCarty Carino Apr 8, 2019
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Microsoft Corporation stock information is seen at the NASDAQ stock exchange in 1999.
Stan Honda/AFP/Getty Images

The social-networking site Pinterest has set a price range for its initial public offering. At the peak price of $17 per share, the company would be worth a little over $11 billion, down from an estimate of $12 billion last year. Pinterest is part of this year’s wave of IPOs, which started with Lyft last month. Uber, Slack and Postmates are still to come. It’s shaping up to be the biggest wave of stock market launches since the dot-com boom of 1999, the one that ended when the dot-com bubble burst. But while the class of ’19 has some things in common with the class of ’99, there are some important differences.

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How We Survive
How We Survive
Climate change is here. Experts say we need to adapt. This series explores the role of technology in helping humanity weather the changes ahead.