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Investment firm Katamaran Capital buys Pinterest shares, despite lower-than-expected earnings.
Investment firm Katamaran Capital LLP has acquired a new stake in Pinterest, purchasing 37,224 shares valued at about $1.08 million, representing 1.4% of its portfolio.
Meanwhile, Pinterest's recent earnings report showed a lower-than-expected EPS of $0.33.
Despite this, analysts predict a $0.6 EPS for the current year.
Pinterest's share price has seen a significant increase of 582.2% since the fourth quarter.
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La empresa de inversión Katamaran Capital compra acciones en Pinterest, a pesar de que las ganancias son menores de lo esperado.