Read more
4:38 PM · 20 October 2021

Pinterest stock surges after $39 billion PayPal takeover report

Pinterest
Stocks
PINS.US, Pinterest Inc - class A
-
-

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

1 December 2025, 5:14 PM

Michael Burry versus Tesla 💡

28 November 2025, 6:53 PM

Daily Summary: Wall Street and energy markets end the month on a wave of gains.

28 November 2025, 5:06 PM

Intel surges on rumors of chips for Apple

28 November 2025, 3:19 PM

US Open: After a Day Off, Wall Street Opens the Session in the Green

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