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Elliott says it is the largest sharesholder at Pinterest
2022.08.01 23:38
FILE PHOTO: Screens display the company logo for Pinterest Inc. during the company’s IPO on the front of the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2019. REUTERS/Brendan McDermid
(Reuters) – Elliott Investment Management on Monday said it had become the largest shareholder at Pinterest (NYSE:PINS) Inc and that it saw potential for growth at the photo pin-board company.
“Pinterest is a highly strategic business with significant potential for growth, and our conviction in the value-creation opportunity at Pinterest today has led us to become the Company’s largest investor,” Elliott Investment Management said.
