Almost 2 Years Ago
1 Min Read

PINS is making big moves today. Find out why the stock is trading 17% higher:



Pinterest Inc (PINS) is trading 17% higher at $20.535 today.

Pinterest Inc has been trading between a 52-week high of $77.92 and a 52-week low of $16.14. The stock has a market cap of $12.7 Billion.

Pinterest is a visual discovery engine people use to find inspiration for their lives, including recipes, home and style ideas, travel destinations and more. People have saved more than 240 billion Pins across a range of interests, which others with similar tastes can discover through search and recommendations. Headquartered in San Francisco, Pinterest launched in 2010 and has hundreds of millions of monthly active users around the world.

Headlines


Stock futures rise as Wall Street awaits more major bank earnings, key data
Kwhen Finance 07-15-22

Pinterest (PINS) stock jumps 14% after Elliot Capital Management stake – could this be the comeback?
FXStreet 07-15-22

Stocks making the biggest moves premarket: UnitedHealth, Wells Fargo, Pinterest and others
CNBC 07-15-22

Wells Fargo, BlackRock Fall Premarket; Pinterest, UnitedHealth Rise
Investing.com 07-15-22

Trading - Pinterest stock: PINS soars after Elliott Management buys over 9% stake
Business Mag 07-15-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

lostindasauces - 11 upvotes - source
Ahh yes, the move was 1DTE PINS calls Shoulda known 🤡

Zachjsrf - 8 upvotes - source
PINS cured cancer? Lol

FringeDerivatives - 5 upvotes - source
PINS prolly keep fading before open, not expecting random lotto hit, but hopefully some profit will exist still.

BovineJonith - 4 upvotes - source
# PINS wtf?

Elforas_Tero - 4 upvotes - source
PINS just saved the market

mpoozd - 4 upvotes - source
>Elliott Has Big ~~Stake~~ Bags in Pinterest $PINS, Sources Say -- WSJ

HotAugustNights - 4 upvotes - source
PINS is so Bipolar. It’s like a lotto ticket and BK weekly.

ZiGgyOwl - 3 upvotes - source
Imagine buying PINS puts at 3:59 lmfao

BorisYeltzen - 3 upvotes - source
Why is PINS hard green??

iyervikas81 - 3 upvotes - source
Pins puts at open cuz you know everyone bullish af