PINS News and Press, Pinterest Inc. Class A From 03/28/24

2024-03-28 08:45:00 ET Summary Trump Media & Technology Group Corp.'s stock price surged 35% after shareholders approved the merger with Digital World Acquisition Corp. The company's low user base and sales make its valuation excessive and unsustainable. Investors should b...

2024-03-27 14:15:00 ET Summary Amrita Roy is neutral on the S&P 500, citing no material downward revision to earnings and the expectation of higher interest rates due to reaccelerating inflation. She is bullish on India and emerging markets in general, as global capital inflow...

2024-03-27 13:01:06 ET Summary Snap Inc.'s Q1 '24 guidance for DAUs and revenue fell slightly below consensus, but disappointed investors missed the progress on returning towards 15% growth. Snapchat+ is growing towards the 14 million target for the end of 2024 with an updated num...

2024-03-26 13:15:07 ET Piper Sandler analyst issues OVERWEIGHT recommendation for PINS on March 26, 2024 09:35AM ET. The previous analyst recommendation was Overweight. PINS was trading at $35.565 at issue of the analyst recommendation. The overall analyst consensus : BU...

2024-03-26 12:22:58 ET Shares of Pinterest (NYSE: PINS) jumped by as much as 7% on Tuesday morning after analysts said that the image-centric social media platform operator is exploring a partnership with tech titan Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) . As of 12:17 p...

2024-03-26 08:54:41 ET More on Alphabet Google's Waymo Is Finally Moving Full Throttle Pershing Square - Alphabet / Google:  An Advantaged And Scaled AI Player At A Deep Discount Google: Future Focus On AI Possibilities Qualcomm, Intel, Google part of co...

2024-03-25 03:15:00 ET Reddit (NYSE: RDDT) went public at $34 per share on March 21. The social news platform provider's stock opened at $47 and ended its first day at $50.44. That gave it a market cap of $8 billion -- but it's still a lot smaller than larger social media companies ...

2024-03-22 13:39:22 ET Reddit (NYSE: RDDT) just went public in the most anticipated initial public offering (IPO) of 2024 so far, creating a new option for investors who want social media exposure in their portfolio. While there's a lot to like about Reddit, fellow social media st...

2024-03-22 09:38:29 ET Summary Reddit's IPO saw shares surge almost 50% despite pricing at the high end of its expected range. The company has seen strong growth in users and revenue, but is currently losing money and burning some cash. Thursday's surge puts the name at a sign...

2024-03-22 09:15:18 ET Summary Reddit, Inc. shares have had a strong public debut, potentially making it a meme stock itself. The platform has a large and engaged user base, with 76 million daily active users participating in various communities. The company's valuation is rea...