{"id":82054,"date":"2022-07-15T01:44:07","date_gmt":"2022-07-15T05:44:07","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=82054"},"modified":"2022-07-15T02:02:55","modified_gmt":"2022-07-15T06:02:55","slug":"pinterest-shares-soar-after-report-that-elliott-management-has-acquired-a-9-stake","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2022\/pinterest-shares-soar-after-report-that-elliott-management-has-acquired-a-9-stake.html","title":{"rendered":"Pinterest shares soar after report that Elliott Management has acquired a 9% stake"},"content":{"rendered":"\n<p>(CNBC) <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/PINS\" target=\"_blank\">Pinterest<\/a> shares jumped over 20% in extended trading on Thursday after <a rel=\"noreferrer noopener\" href=\"https:\/\/www.wsj.com\/articles\/elliott-sets-sights-on-pinterest-11657828800?mod=Searchresults_pos1&amp;page=1\" target=\"_blank\">The Wall Street Journal reported<\/a> that Elliott Management has accumulated a stake of over 9% in the company. Elliott, known for its activist investments, has been discussing unspecified matters with Pinterest for the past several weeks and told the company it\u2019s now the largest shareholder, the Journal <a rel=\"noreferrer noopener\" href=\"https:\/\/www.wsj.com\/articles\/elliott-sets-sights-on-pinterest-11657828800?mod=Searchresults_pos1&amp;page=1\" target=\"_blank\">reported<\/a>, citing unnamed sources.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/07\/14\/pinterest-soars-after-report-that-elliott-management-acquired-9percent-stake.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Pinterest shares jumped over 20% in extended trading on Thursday after The Wall Street Journal reported that Elliott Management has accumulated a stake of over 9% in the company. Elliott, known for its activist investments, has been discussing unspecified [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82054","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=82054"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82054\/revisions"}],"predecessor-version":[{"id":82055,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82054\/revisions\/82055"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=82054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=82054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=82054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}