Best places to trade Pinterest stock: it’s on fire after rumors of PayPal acquisition

Pinterest stock is on fire after rumors immerged that digital payments kingpin PayPal Holdings is eyeing to acquire Pinterest. The acquisition is expected to propel NYSE:PINS to higher prices and investors are coming in to avoid being left out in the take-off.

To help stock traders eying the Pinterest stock, Invezz has created a brief article on what it is and the best places to buy it.

To find out more, please continue reading.

Best places to trade Pinterest Stock


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What is Pinterest stock?

Pinterest stock is the stock of Pinterest and it trades on New York Stock Exchange (NYSE) under the symbol NYSE:PINS. It is a Class A stock.

Pinterest is an image sharing and social media platform currently owned by Pinterest Company, which is headquartered in San Francisco, California, U.S.

Pinterest aims to make saving and discovery of information on the internet simpler using images, videos, and animated GIFs in the form of pinboards.

Should I buy the PINS stock today?

PINS stock is a great stock to invest in now especially if the talks between PayPal and Pinterest were to be successful. Investors expect the acquisition to propel the stock price upwards.

PINS stock price prediction

The PINS stock had dipped slightly in the last few days but the talks of PayPal acquisition of Pinterest is expected to propel the stock up especially if they are to bear successful fruits.

Pinterest stock social media coverage

Pinterest shares soar after report says PayPal is exploring a takeover of the company with a price of about $70 per share discussed between the two firms

— CNBC Now (@CNBCnow) October 20, 2021

$PINS $PYPL – Pinterest stock jumps 9% after PayPal said to reach out on potential acquisition

— Breaking News (@MarketCurrents) October 20, 2021

The post Best places to trade Pinterest stock: it’s on fire after rumors of PayPal acquisition appeared first on Invezz.

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