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Is Pinterest Stock a Buy?

TheMotleyFool

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Pinterest (NYSE: PINS) took investors on a wild ride in late October amid rumors that PayPal (NASDAQ: PYPL) wanted to buy the social media company for roughly $45 billion, or approximately $70 per share.

Pinterest's stock skyrocketed on the news, but it quickly gave up those gains after PayPal said it wasn't interested. Pinterest also scheduled its third-quarter earnings report for Nov. 4, which indicated the company wasn't expecting to be bought out anytime soon.

Image source: Pinterest.

Source Fool.com

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