Pinterest stock jumps more than 20% despite earnings miss, as Elliott confirms stake and users stick around

Pinterest stock jumps more than 20% despite earnings miss, as Elliott confirms stake and users stick around

Pinterest Inc. missed earnings expectations and generated lower revenue than analysts expected in the current quarter, but shares still soared in after-hours trading as users stuck to a quarter that led to a sudden change and attracted an activist investor. Pinterest pins, +2.62% on Monday it reported a second-quarter loss of $43.1 million, or 7 …

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