Can Pinterest Rally On Support From Big Investor With Conviction?

Pinterest

Social media companies have been hit hard this year, and Pinterest (NYSE:PINS) is no exception. The stock gapped up 11.61% on August 2, following the company’s second-quarter report, which topped revenue expectations. Earnings of $0.11 per share came in below Wall Street’s anticipated EPS of $0.1680. That was a 56% decline from the year-earlier quarter. […]