Pinterest Surged Over 14% in Premarket Trading As Elliott Management Owned More Than a 9% Stake
Tiger Newspress2022-07-15
Pinterest surged over 14% in premarket trading as Elliott Management owned more than a 9% stake.
Elliott has built a stake of over 9% in Pinterest in recent months. The investor is in talks with the social media company, however, it could not be determined what the discussions between the parties were about.
Elliott has told the company that it is the company’s biggest investor.
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