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Where Independent Traders, Investors, and Dribblers Thrive
Pinterest stock jumped to 20.25 +2.69 or +15.3% after the WSJ reported that activist Elliott Management Corp. has built a stake of over
[See the full post at: Pinterest Stalked by Activist Investor Elliott Management]
Pinterest Q3 EPS beats by $0.05, beats on revs; Expects Q4 revenue to grow by mid-single digits vs. consensus estimate of 4.5% growth
$PINS 23.97▲ 2.08 (▲9.50%) After Hours
Pinterest beats by $0.01, misses on revs; expects Q1 revs to grow low single digits percentage yr/yr vs consensus of +7.5%; authorizes repurchases up to $500 mln over next 12 months; CFO stepping down, effective July 1
$PINS down 9.2%
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