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Pinterest (PINS +1.99%) has plunged by 20% -- not once, but after both of its last two quarterly reports. In this video, I'll discuss the reasons for investor pessimism, as well as some of the reasons why it could be a smart move to hold on.
Zacks.com users have recently been watching Pinterest (PINS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
NEW YORK, March 03, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Pinterest, Inc. (“Pinterest” or the “Company”) (NYSE: PINS). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
Elliott Investment Management, an activist investor known for its assertive involvement in company decisions, has taken a $1 billion stake in Pinterest. The firm first invested in the social platform in 2022.
Pinterest's new share-repurchase authorization represents nearly a third of the company's market cap and signals to one analyst that an activist is satisfied with the company's strategic vision.
Fund manager Elliott Investment Management has taken a $1 billion stake in Pinterest. With this investment, Pinterest will repurchase shares of its Class A common stock through a $1 billion accelerated share repurchase agreement, the social media platform said in a Tuesday (March 3) news release.
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Social media stock Pinterest Inc (NYSE:PINS) is enjoying a pre-market pop today, up 5.3% to trade at $18.40 following a major backing from Elliott Investment Management.
Pinterest Inc (NYSE:PINS) shares surged 9.5% in premarket trading on Tuesday after the image-sharing platform announced that Elliott Investment Management, one of the world's most prominent activist investors, will invest $1 billion in fresh equity, putting it on course to become the company's largest shareholder. The investment will be used to fund a new $3.5 billion share repurchase program announced alongside the deal.
Pinterest says it will use the proceeds from the activist's investment to repurchase shares of its common stock.
Pinterest shares pop 8% as activist Elliott Management takes $1 billion stake
Activist investor Elliott Investment Management has injected $1 billion into Pinterest, which the company will use to repurchase shares.
Pinterest said on Tuesday activist investing firm Elliott Investment Management is investing $1 billion in the company.
SAN FRANCISCO--(BUSINESS WIRE)--Pinterest, Inc. (NYSE: PINS) (“Pinterest” or the “Company”) today announced that affiliates of Elliott Investment Management, L.P. (“Elliott”), are investing $1.0 billion in Pinterest. Pinterest expects to use the proceeds from Elliott's investment to repurchase shares of its Class A common stock via a $1.0 billion accelerated share repurchase (“ASR”) agreement. The ASR and future share repurchases will be conducted under a new $3.5 billion share repurchase progr.
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Pinterest Inc (NYSE:PINS) shares surged 9.5% in premarket trading on Tuesday after the image-sharing platform announced that Elliott Investment Management,...
American Century Companies Inc. lessened its holdings in shares of Pinterest, Inc. (NYSE: PINS) by 43.4% during the undefined quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,380,005 shares of the company's stock after selling 2,588,287 shares during the quarter. American Century Companies Inc.
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