Activist investor Elliott takes a $1B stake in Pinterest, betting on AI-driven growth
: tirs mar 03, 2026 5:27 pm
The news comes as Pinterest has faced serious headwinds. Shares tumbled over the past year, with disappointing earnings, layoffs affecting 15% of its workforce, a declining ad business, and increased rivalry from AI chatbots.
Source: https://techcrunch.com/2026/03/03/activ ... en-growth/
Source: https://techcrunch.com/2026/03/03/activ ... en-growth/