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Pinterest (NYSE: PINS) stock soared after it became public that activist investment firm Elliott Management has reportedly taken a 9% stake in the company. Shares were up as much as 20% in after-hours trading when the news broke after the markets closed on July 14. The market wa...
Pinterest (NYSE: PINS) investors got a rare piece of good news on Thursday evening when The Wall Street Journal reported that activist investor Elliott Management has accumulated a 9% stake in the social media company . Shares of Pinterest jumped 16% on the news on F...
Pinterest is now down over 75% from its all-time high last year. Despite the pessimism surrounding the company, it is actually making solid progress on the business end. The company's expansion into social commerce will open up a lot more monetization opportunities going forward. ...
Pinterest, Inc. (NYSE: PINS) will release financial results and a letter to shareholders for the second quarter 2022 on Monday, August 1st, 2022 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. PT (5:00 p.m. ET) on the same day. ...
Earnings season is upon us. Although this time can always be volatile, the stakes are even higher when the stock market is experiencing a downturn and the economy isn't doing well. That's especially true for those companies that have lagged the market mainly because of company-specific issu...
Are These Social Media Stocks The Best Growth Stocks To Buy Now? As the stock market has been exhibiting high volatility lately, investors may want to look for longer-term opportunities. With fears of rising inflation and interest rates, social media companies may opt to cut bac...
Shares of digital advertising platform Nextdoor Holdings, Inc. have plummeted over 70% from their opening trade in November 2021. Its previously stratospheric valuation has become more reasonable as the market’s aversion to risk continues against a bleak economic backdrop, maki...
Stocks finished higher on Friday, bouncing back after a downdraft that dominated most of the past several days. The gains came amid renewed confidence that the Federal Reserve would stick with the expected 75-basis-point rate hike at its next policy meeting, rather than resorting to a full-...
Pinterest ( NYSE: PINS ) shares jumped more than 16% after it was reported that activist hedge fund Elliott Management had taken a 9% stake in the company. Analysts were quick to downplay the prospects of short-term changes at the social media company, but the re...
Pinterest ( NYSE: PINS ) shares rose more than 15% as digital advertising and social media companies looked to end the week on a positive note. Late on Thursday, it was reported that activist hedge fund Elliott Management had taken a 9% stake in Pinterest ( PINS ), t...
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2024-07-31 00:00:27 ET Image source: The Motley Fool. Pinterest (NYSE: PINS) Q2 2024 Earnings Call Jul 30, 2024 , 4:30 p.m. ET Operator Continue reading For further details see: Pinterest (PINS) Q2 2024 Earnings Call Transcript
Q2 Revenue of $854 million, an increase of 21% Record 522 million global monthly active users, an increase of 12% Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter ended June 30, 2024. Q2 revenue grew 21% year over year to $854 million. G...
Pinterest (NYSE: PINS) has been in the spotlight since Elliott Investment Management, a notable activist investing firm, acquired a 9% stake in the company in July 2022. This move was a turning point for Pinterest, which at the time was trading at less than $20 per share. Since Elliott ...