PayPal says it is not buying Pinterest

In a succinct statement made “in response to market rumors,” PayPal said it’s “not pursuing an acquisition of Pinterest at this time.”
Shares in PayPal (PYPL) gained 6.7% in premarket trade on Monday, while Pinterest (PINS) dropped 12% ahead of the open.
Last week, several media outlets reported that PayPal had approached the bookmarking website…

Leave a Reply

Your email address will not be published. Required fields are marked *

Institute, others flay African leaders over tenure elongation tendencies

Failed escapes at Kabul airport led to living nightmares for these Afghans in hiding: The Last 96