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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Shutterstock Spero Therapeutics (NASDAQ: SPRO ) stock is climbing higher on Wednesday thanks to positive feedback from the FDA. That concerns plans to resubmit tebipenem HBr for the treatment of comp...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Ink Drop / shutterstock Pinterest (NYSE: PINS ) stock is rising higher on Wednesday after getting an upgrade from Wolfe Research analyst Deepak Mathivanan. That upgrade boosts PINS stock from its prior...
Stock futures were flat Wednesday after the major averages added to weeks of losses amid a jump in bond yields in the previous session. Futures for the Dow Jones Industrials docked nine points early Wednesday to 31,157. Futures for the S&P 500 fell 1.75 points to 3,908.75 to...
Pinterest ( NYSE: PINS ) shares rose on Wednesday as investment firm Wolfe Research upgraded the social network, noting it has a "'significant runway" for both user growth and revenue over the long-term. Analyst Deepak Mathivanan raised the firm's rating on Pinterest ( PIN...
Summary Pinterest is starting to see positive signs with the stock stabilizing above $20. Social media peer Snap provided a positive sign the ad market has stabilized potentially at a higher level. The company has the CEO in place to explore social commerce and boost ARPU plac...
Shares of Pinterest (NYSE: PINS) were up 18.3% in August, according to data provided by S&P Global Market Intelligence . The company reported financial results early in the month that were better than Wall Street expected. It also has a new largest shareholder, which turned ...
Summary Shares of Pinterest have rallied in August, defying the broader market declines, owing to support from Elliot Management - one of its largest shareholders. Still, fundamentals were weak through Q2. Pinterest saw continued evaporation in users, while expenses rose treme...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s very easy to construct negative sentiment around the tech sector. As investors are well aware, increasing quantitative tightening has spelled a massive downturn for the equity class. Easy money is gon...
Summary PINS has been much more bullish in recent weeks. I see a favorable risk/reward on the long side. Although the company has a lot of work to do longer term. To say that social media stocks are out of favor is a bit of an understatement. We’ve had titans ...
Summary Founded in 2006 by Morty Schaja and Mitch Rubin, RiverPark manages research-driven, focused strategies in equities, fixed income and venture capital. Over the last three months, the Fund lost 35.2%, bringing our year-to-date loss to 51.9%, materially worse than any six-mon...
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2024-07-28 05:59:00 ET On July 19, The Wall Street Journal reported that activist investment firm Elliott Investment Management had purchased a sizeable (but unspecified) stake in coffee giant Starbucks (NASDAQ: SBUX) . Over the last five years, Starbucks stock is down almost 16...
Pinterest (NYSE: PINS) is gearing up to share its financial achievements and challenges for the second quarter of 2024 on July 30th, 2024, after the stock market closes. This announcement is highly anticipated, as it provides investors and stakeholders with a snapshot of the company’...