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Let's not try to jinx things by calling attention to this, but Cathie Wood's on a roll this year. The largest of the exchange-traded funds she runs at Ark Investment Management is up nearly 23% this month. Momentum is back after a punishing last two years. Ark publishes its daily buys and sel...
It's been an interesting few years for Pinterest (NYSE: PINS) . Its user base grew rapidly as the COVID-19 pandemic worsened in 2020 and 2021, and its stock soared to new all-time highs. But over the past year or so, the return to (mostly) normal life has left people with less time to...
Summary Pinterest has garnered the attention of activist investor Elliott Management. The company reported sequential growth in MAUs as it reaps the fruits of investments in machine learning. The company is generating cash and has net cash equal to 15% of the market cap. The sto...
Pinterest, Inc. (NYSE: PINS) will release financial results for the fourth quarter and fiscal year 2022 on Monday, February 6th, 2023 after market close. The company will host a Q&A conference call to discuss these results at 1:30 p.m. PT (4:30 p.m. ET) on the same day. A live webcast of ...
Summary There are 3 catalysts ready to drive Pinterest higher. The combination of investor sentiment, analyst expectation, and its new CEO, implies that positive changes are likely to unfold in the very near term. Pinterest is a stock well worth considering. Investment The...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of cloud computing giant Salesforce (NYSE: CRM ) stock are up 2% today on news that activist investor Elliott Management has built a billion-dollar stake in the company and is pushing for change. It is not clear ...
Summary Nextdoor trades near all-time lows despite a strong rally in small caps during January. The local social platform continues to report large losses out of favor in the current market. The stock is cheap at less than 1x EV/S multiples due to a $605 million cash balance. ...
Pinterest ( NYSE: PINS ) shares gave up 2% in pre-market trading Friday as MKM Partners analyst Rohit Kulkarni cut his rating on the social-information sharing company in large part due to cautious comments about online advertising. Kulkarni lowered his opinion of Pinterest ( PINS ...
The market has been off to a mixed start for 2023, and investors may face more headwinds ahead if the economy takes a downturn in the coming months. However, even amid bearish periods in the market, history has taught investors time and time again that there are still eye-catching opportunities t...
Shares of Pinterest (NYSE: PINS) fell more than 33% in 2022 and are down a brutal 70% at this writing from the all-time high reached, all the way back in early 2021. But since bottoming out on June 14, 2022, Pinterest stock went on a bit of a tear, closing the year up 41.2% from that ...
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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’...