Shares of several companies in the broader technology and social media space, including Meta Platforms Inc (NASDAQ: FB) and Pinterest Inc (NYSE: PINS), are all trading higher amid overall market strength as stocks
Someone with a lot of money to spend has taken a bullish stance on Pinterest (NYSE:PINS).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
A whale with a lot of money to spend has taken a noticeably bullish stance on Pinterest.
Looking at options history for Pinterest (NYSE:PINS) we detected 13 strange trades.
Shares of several gaming, streaming and social media companies, including Meta Platforms Inc (NASDAQ: FB), Pinterest Inc (NYSE: PINS) and Roblox Corp (NYSE:
U.S. indices traded sharply higher Wednesday amid continued volatility on Ukraine-Russia concerns. A pullback in oil prices following the recent crude rally has helped alleviate some concerns of rising commodity costs.
Snap, Inc (NYSE: SNAP) and Pinterest, Inc (NYSE: PINS) were trading 8% higher at one point on Wednesday, as the general markets rebounded from a steep 4-day downturn during which the S&P 500 declined over 5%.