Kimberly-Clark’s Earnings Remind Investors that Inflation and Supply Chain Issues are Still a Major Theme
This week is a big one for earnings, not just because of the big names reporting but because of the large number of earnings announcements. Investors can expect the themes of higher costs and supply chain issues to continue.
PayPal Says Not Pursuing Acquisition Of Pinterest At This Time
Payments firm PayPal Holdings Inc (NASDAQ:PYPL) is not pursuing an acquisition of visual search and scrapbooking platform Pinterest (NYSE:PINS) at this time. Earlier, there…
24 Stocks Moving in Monday’s Pre-Market Session
Gainers
Remark Holdings, Inc. (NASDAQ: MARK) rose 260% to $7.80 in pre-market trading after jumping 138% on Friday.
PayPal Shares Up Premarket; Co. Earlier Announced In Update It Was ‘ not pursuing an acquisition of Pinterest at this time.’
https://investor.pypl.com/news-and-events/news-details/2021/Response-to-Market-Rumors-of-Discussions-Between-PayPal-and-Pinterest/default.aspx
Is Pinterest’s Stock Overvalued Or Undervalued?
Pinterest Inc (NYSE: PINS) shares have lagged the S&P 500 in 2021, generating a year-to-date total return loss of 6.9%.
Why Pinterest Shares Are Falling Today
Pinterest Inc (NYSE: PINS) is trading lower Friday amid weakness in social media stocks following worse-than-expected third-quarter financial results and soft fourth-quarter guidance from Snap Inc (NYSE: SNA
Snapchat Takes Other Social Media Stocks Down With It On Apple Privacy Changes Warning: What You Should Know
Snapchat parent Snap Inc.’s (NYSE: SNAP) acknowledgement that its ad business was impacted by Apple Inc.’s (NASDAQ: AAPL) iOS 14 privacy changes dragged stocks of other social media rivals such as Face
BofA On PayPal’s Potential Pinterest Buyout
Several media reports suggest PayPal Holdings Inc (NASDAQ: PYPL) may acquire Pinterest Inc (NYSE: PINS) for $70 per share, valuing the company at around $48 billion.
48 Biggest Movers From Yesterday
Gainers
Xiaobai Maimai Inc. (NASDAQ: HX) shares surged 98.4% to settle at $18.87 on Wednesday on above-average volume. The company on Tuesday disclosed the resignation of its CEO and Chairman and announced the appointment of Yilin Wang as CEO.