Read more
4:38 PM · 20 October 2021

Pinterest stock surges after $39 billion PayPal takeover report

-
-
Open account Download free app

Shares of Pinterest rose sharply and were halted twice by the Nasdaq, amid reports of a takeover approach from PayPal. People with knowledge of the matter told Bloomberg News that PayPal may acquire the social media company, noting talks of a potential price of $70 a share, a level that would value Pinterest at around $39 billion. Company went public in April 2019, where it was valued at just more than $10 billion. Pinterest officials declined to comment on the report.

Pinterest (PINS.US) stock rose sharply during today's session, however buyers failed to break above resistance $69.30 which coincides with 23.6% Fibonacci retracement of the upward wave launched in March 2020, lower limit of the wedge formation and 200 SMA (red line). The nearest major support lies at $49.00. Source: xStation5

11 February 2026, 3:17 PM

Palo Alto acquires CyberArk. A new leader in cybersecurity!

11 February 2026, 2:44 PM

US OPEN: Blowout Payrolls Signal Slower Path for Rate Cuts?

11 February 2026, 1:15 PM

Market wrap: Oil gains amid US - Iran tensions 📈 European indices muted before US NFP report

11 February 2026, 8:30 AM

Economic calendar: NFP data and US oil inventory report 💡

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