Pinterest stock jumps more than 20% despite earnings miss, as Elliott confirms stake and users stick around

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Pinterest Inc. missed expectations for earnings and guided for revenue lower than analysts expected in the current quarter, but shares still spiked in after-hours trading as users stuck around in a quarter that led to sudden change and attracted an activist investor. Pinterest PINS, +2.62% on Monday reported a second-quarter loss of $43.1 million, or 7 cents a share, on sales of $...

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