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PINS

Pinterest, Inc.

https://www.pinterest.com

Industry

Internet Content & Information

Pinterest, Inc. operates as a visual discovery engine in the United States and internationally. The company's engine allows people to find inspiration for their lives, including recipes, style and home inspiration, DIY, and others; and provides video, product, and idea pins. It shows visual machine learning recommendations based on pinners taste and interests. The company was formerly known as Cold Brew Labs Inc. and changed its name to Pinterest, Inc. in April 2012. Pinterest, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.

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The article highlights significant options activity for 10 communication services stocks, indicating potential trading opportunities. Notable bullish and bearish sentiments are observed in options for companies like SIRI, META, GOOGL, and others.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:35 pm

Amazon is partnering with TikTok and Pinterest to boost its e-commerce business, which has been slow-growing compared to the rapid rise of social media shopping. This strategic move aims to leverage the popularity of these social media platforms to drive sales.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:44 pm

The article highlights the top 12 large-cap stock losers from July 28 to August 3, including Symbotic, Intel, Snap, Moderna, Mobileye, Pinterest, Arm Holdings, Entegris, Atlassian, MicroStrategy, New Oriental Education, and Western Digital. These stocks experienced significant declines due to various factors such as worse-than-expected earnings, weak guidance, and analyst downgrades.

Portfolio Pulse from Lekha Gupta

August 04, 2024 | 3:20 pm

Pinterest's short interest has fallen by 3.82%, with 28.56 million shares sold short, representing 4.79% of its float. This is lower than the peer group average of 7.61%. It would take traders 4.75 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 5:00 pm

Cathie Wood-led Ark Invest made significant trades in AMD, Pinterest, and Coinbase. Ark purchased $47.5M in AMD shares and $12.7M in Pinterest shares, while reducing its Coinbase exposure by $2.7M amid a Bitcoin drop. Other trades included buying Guardant Health and Intellia Therapeutics, and selling Zoom, Teladoc, and Veracyte shares.

Portfolio Pulse from Benzinga Neuro

August 01, 2024 | 2:53 am

Citigroup analyst Ronald Josey maintains a Buy rating on Pinterest (NYSE:PINS) but lowers the price target from $51 to $44.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 7:27 pm

Barclays analyst Ross Sandler maintains an Equal-Weight rating on Pinterest (NYSE:PINS) but lowers the price target from $38 to $36.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 7:13 pm

Top Wall Street analysts have updated their outlooks on several major stocks, including Microsoft, iQIYI, Electronic Arts, Qorvo, Pinterest, Hubbell, CNO Financial, Skyworks Solutions, Zebra Technologies, and LendingClub. These updates include both price target increases and decreases, as well as maintained ratings.

Portfolio Pulse from Avi Kapoor

July 31, 2024 | 5:36 pm

Tech stocks experienced their best session in five months ahead of the Federal Open Market Committee (FOMC) meeting, driven by strong earnings and easing concerns over chip export restrictions to China. The Nasdaq 100 surged 2.7%, led by Nvidia Corp. (NVDA), which jumped 11%. The iShares Semiconductor ETF (SOXX) soared over 5%. The S&P 500 rose 1.6%, and small caps tracked by the iShares Russell 2000 ETF (IWM) increased by 1.1%. The dollar eased 0.2%, while the Japanese yen, tracked by the Invesco CurrencyShares Japanese Yen Trust (FXE), rallied 1.4%. Commodities like gold and oil also saw significant gains.

Portfolio Pulse from Piero Cingari

July 31, 2024 | 5:23 pm

Benchmark analyst Mark Zgutowicz has reiterated a Hold rating on Pinterest (NYSE:PINS).

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 5:00 pm

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