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Pinterest’s stock is rising. Here’s why investors are cheering a big boost to the buyback program.
Bullish
65.8
−100 Bearish
0
+100 Bullish
Pinterest’s new share-repurchase authorization represents nearly a third of the company’s market cap and signals to one analyst that an activist is satisfied with the company’s strategic vision.
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Sentiment Signal
Bullish
65.8
−100Neutral+100
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