Read more
5:52 PM · 11 February 2021

Microsoft reportedly tried to acquire Pinterest

-
-
Open account Download free app
-
-
Open account Download free app

Pinterest (PINS.US) stock rose 6% after the Financial Times reported the tech giant Microsoft (MSFT.US) reportedly made an approach in recent months to buy the image sharing company. Pinterest market value surged 600% since March and the company added a record 100 million monthly active users last year. Its revenue soared 76% to $706 million in the last quarter of 2020, easily beating Wall Street expectations by $58 million. Pinterest's market cap following Wednesday's trading session was about $50 billion. Previously social media company signaled that it wants to remain an independent company, the Financial Times noted. Talks currently aren't active but if such a deal were to take place then it would be the biggest purchase made by Microsoft. Both companies declined to comment to the Financial Times.

Pinterest (PINS.US) stock launched today's session higher and is currently testing its all-time high around $86.63, which is additionally strengthened by the upper limit of the ascending channel. The upward scenario will be invalidated if sellers will manage to regain control and break below the lower limit of the formation. In such a scenario, the first key support can be found at $76.79. Source: xStation5

3 February 2026, 7:04 PM

Dailu summary: Sell-off on Wall street 📉 Bitcoin and Ethereum extend downfall in panic

3 February 2026, 6:09 PM

Software stocks in panic mode 📉Will Anthropic AI disrupt tech valuations?

3 February 2026, 5:48 PM

US100 loses 2% 📉

3 February 2026, 3:58 PM

The launch of Xeon 600 and cooperation with SoftBank. Is this a breakthrough for Intel?

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits