Activist Investor Elliott Investment Management has taken a $1 billion stake in Pinterest.

Pinterest's stock has plummeted this year as the social media company grapples with slowing growth and advertising competition.

Pinterest, Inc. (NYSE: PINS) ("Pinterest" or the "Company") today announced that affiliates of Elliott Investment Management, L.P. ("Elliott"), are investing $1.0 billion in Pinterest. Pinterest ...

March 3 (Reuters) - Pinterest said activist investor Elliott will buy fresh equity worth $1 billion that would help fund a new $3.5 billion share buyback, in a vote of confidence for the image-sharing ...

Pinterest’s new share-repurchase authorization represents nearly a third of the company’s market cap and signals to one analyst that an activist is satisfied with the company’s strategic vision.

AI slop isn't the only issue.

Pinterest (PINS) stock is surging before the bell after a popular investment firm announced a $1 billion stake ...

Parents are prioritizing offline, hands-on activities to build resilience and connection in their kids, a new Pinterest ...

Pinterest Lets Your Control How Much AI Slop You See. Here's How to Tone It Down ...

Pinterest PINS shares are up Tuesday as the company announced a significant $1 billion strategic investment from Elliott Investment Management. This news comes as broader markets experienced declines, ...

"Looking ahead to Q1, we expect these headwinds will continue and may become slightly more pronounced," CFO Julia Donnelly told analysts on Thursday.