Pinterest’s Impulse Shopping Boom
Analysts Upgrade Pinterest Stock, Predicting a Positive Future RBC Capital Markets analysts led by Brad Erickson have upgraded social media giant Pinterest to Outperform from Sector Perform, stating that impulse…
Pinterest Reports Users’ Fall as Q1 2022 Revenue Jumps 18%, Loss Narrows
(Pinterest) Pinterest reported 433 million Monthly Active Users in the first quarter of 2022, down 9% from the prior year. The social media company reported quarterly revenue of $575 million,…
PayPal Soars After Dropping a $45B Potential Acquisition of Pinterest
(Bloomberg) PayPal stock rose as much as 6% in premarket trading on Monday after it said it is no longer pursuing a deal to acquire Pinterest for $45 billion. PayPal…
PayPal Offers $45B to Buy Pinterest in the Biggest Acquisition of a Social Media Firm
(Reuters) PayPal Holding Inc. has reportedly offered $45 billion to acquire Pinterest Inc. in a deal set to be the largest acquisition of a social media company. The payment giant…
Pinterest Revenue Surges 125% In the Second Quarter. Downgrades Guidance
(Pinterest) Social media platform Pinterest saw its second-quarter revenue increase by 125% year over year to $613 million on pandemic-induced consumer demand. Pinterest’s global monthly active users grew 9% to…