The company's stock initially jumped on the news, before being halted due to volatility. It then resumed trading at more than 15%. The company's stock was up more than 9% when it was halted for a second time.
PayPal, meanwhile, dipped more than 3% on the news.PayPal has discussed acquiring the company for a potential price of around $70 apiece, which would value Pinterest at about $39 billion, according to Bloomberg. Pinterest stock closed at $55.58 per share on Tuesday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How to Carve a Photo Into a PumpkinIt's time to make your Halloween Pinterest board a reality!
Source: seriouseats - 🏆 410. / 53 Read more »
Travis Barker's ex says she needs 'spiritual maintenance' after engagement newsShanna Moakler, who shares two children with ex-husband Travis Barker, shared a series of cryptic social media posts following the news of the Blink-182 drummer's engagement to Kourtney Kardashian Who News
Source: Mirror Celeb - 🏆 476. / 51 Read more »
David Muir shares emotive message following tragic death of General Colin PowellGood Morning America star David Muir took to Instagram to share an emotional message following the tragic death of General Colin Powell Help
Source: hellomag - 🏆 24. / 68 Read more »
No, the word 'spooky' had not been banned by a theater company for being racistThe National Theatre Scotland denied reports it had censored the word following widespread reports in the British media, ahead of Halloween, that it had done so
Source: Newsweek - 🏆 468. / 52 Read more »
Mini Baked AlaskasThese showstopping miniature baked Alaskas are as foolproof as they are impressive, plus every easy-to-make component can be made ahead of time. The photo isn't loading for me, so I suppose I'll have to continue imagining what this dish looks like. It's something quite exotic in my imagination- perhaps best to keep it that way ;) i want one Brewed coffee + buttermilk + bittersweet chocolate? Cheryl is on to something here! Beautiful photo
Source: bonappetit - 🏆 482. / 51 Read more »
Vanderpump Rules’ James Kennedy Weighs In on Lala Kent and Randall Emmett's Breakup - E! OnlineFollowing Randall Emmett and Lala Kent’s split, her Vanderpump Rules co-star James Kennedy is sharing where his “loyalty stands.”
Source: enews - 🏆 466. / 52 Read more »