
Pinterest (PINS) Stock Jumps 20% on Users’ Numbers Despite Disappointing 2022 Q2 Results
The most recent quarterly report is the first since co-founder Ben Silberman stepped down as CEO.
The most recent quarterly report is the first since co-founder Ben Silberman stepped down as CEO.
Elliott Management is the biggest investor in Pinterest. The Vanguard Group has an 8.7% stake in the company.
It is yet unclear which industries Elliott Management may be looking to pitch tents with but the hedge fund’s SPAC is bound to be one of the biggest.
As a plan to save Twitter stock from the possible sell-off, the company reached an agreement with Elliott Management to buy back its stocks worth $2 billion.