nysepins
Parties agree to voting, other commitments, including nominating Elliott’s Marc Steinberg for reelection until 2026 Pinterest (NYSE:PINS) said Tuesday afternoon that it agreed to give activist investor Elliott Management a board seat and made other commitments as part of a standstill agreement. Q3 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you're ready to be matched with local advisors that can help you achieve your financial goals, get started n...
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Pinterest (NYSE:PINS) shares soared by over 20% in after-market trading after earnings were better than the market and analysts had expected. Major institutional investors who concurrently revealed a stake in the company added to the momentum. Pinterest has been struggling with user growth, and ARPU have not lived up to expectations during previous earnings. But with the latest earnings, the company may just be showing signs of a turnaround. Meanwhile, the stock is still down 60% from its 52-week high. Q2 2022 hedge fund letters, conferences and more CEO statement – “We accelerated our investm...
ValueWalk
Following is the unofficial transcript of a CNBC exclusive interview with Pinterest Inc (NYSE:PINS) Co-Founder & Executive Chairman Ben Silbermann and Pinterest CEO Bill Ready on CNBC’s “Mad Money” (M-F, 6PM-7PM ET) today, Wednesday, June 29. Following is a link to video on CNBC.com: Pinterest Improving User Experience To Help People ‘Take More Action’ On Boards, New CEO Bill Ready SaysJIM CRAMER: Crushed with all things growth. But yesterday, Pinterest announced something big. Their Chairman and CEO is stepping back to become Executive Chairperson, while bringing in a new CEO, a financial tec...
ValueWalk
In hisDaily Market Notes report to investors, Louis Navellier wrote: Is The Snap Downward Guidance The Canary In The Coal Mine?After the close yesterday, a very strong rebound day with all the major stock indexes up more than 1.5%, Snap (NYSE:SNAP) announced a downward guidance in its second-quarter estimates of revenue and adjusted earnings, and a slowdown in hiring, only a month after its first-quarter earnings call. The company cited that “the macro environment has deteriorated further and faster than we anticipated” and expects EBITDA (Earnings Before Interest, Taxes, Depreciation, & Amort...
ValueWalk
In hisDaily Market Notes report to investors, while commenting on the phenomenal earnings, Louis Navellier wrote: Q2 2021 hedge fund letters, conferences and more The truth is markets do not do well on Fridays when we're going to have good weather. And that's because all our traders are going to disappear early afternoon, so they'd like to clean out their inventory. So, Fridays are tough days for markets. Phenomenal EarningsEarnings are still phenomenal. But guidance is obviously very, very important. And the market got up on the wrong side of bed because of Amazon. I think we have to just tak...
ValueWalk
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