Pinterest stock jumps 20% after hours on report of Elliott Management stake

0
16

Pinterest Inc.’s stock PINS, -4.62% popped 19% in extended trading Thursday following a report that activist investor Elliott Management Corp. has built a stake of more than 9% in the social-media company. The investment could make Elliott the biggest stakeholder in Pinterest, according to the Wall Street Journal report. Pinterest was not immediately available for comment.

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleModerna’s COVID-19 vaccine OK’d in Canada for children aged 6 months and older
Next articleKey Words: Elon Musk tells Trump to ‘hang up his hat and sail into the sunset’

LEAVE A REPLY

Please enter your comment!
Please enter your name here