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StockNews.com
StockNews.com
Business
Subhasree Kar

Pinterest Picked up a New CEO - Buy, Sell, Hold?

Visual discovery engine company Pinterest, Inc. (PINS) enables people to discover and personalize visual content. It allows users to find inspiration for their lives, including recipes, style, home inspiration, DIY, and others; and provides video, product, and idea pins.

PINS’ shares surged last week following the news of long-time Chief Executive Officer Ben Silbermann stepping down, handing over the reins to Google commerce executive Bill Ready. Investors are expecting a deeper push into e-commerce through this transition. Silbermann will retain his board seat as executive chairman.

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