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0 -0.00132542547705005 0.00206291903042801 0.00206291903042801 0.00257864878803511 0.00361010830324911 0.00361010830324911 0.00361010830324911
Stock impact report

Pinterest (PINS) Soars 9% on New $1-Billion Investment [Yahoo! Finance]

Pinterest, Inc. Class A (PINS) 
Company Research Source: Yahoo! Finance
We recently published The 10 Biggest Winners in a Bloody Market . Pinterest Inc. (NYSE:PINS) was one of the best performers on Tuesday. Pinterest rallied for a second day on Tuesday, jumping 9.27 percent to finish at $19.10 apiece following news that an investment firm acquired a $1-billion stake in the company. In a statement, Pinterest Inc. (NYSE:PINS) said that activist investor Elliott Investment Management LP invested the said amount in the company, proceeds of which will be used to buy back its Class A common shares, as part of its $3.5 billion share repurchase program. Pinterest (PINS) Soars 9% on New $1-Billion Investment Photo by ian dooley on Unsplash In addition, Pinterest Inc. (NYSE:PINS) would also repurchase another $500 million in shares from cash on hand pursuant to a 10b5-1 trading plan, subject to terms and conditions of the plan, market conditions, and management discretion. “We delivered record revenue in 2025, with users reaching all-time highs for te Show less Read more
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