PinterestIt rose 6.6% to $86.48 at the beginning of the session, and there was news that Microsoft CorpApproached Pinterest about the acquisition.
According to sources, Microsoft Corp has held talks with social media platform Pinterest in recent months to discuss potential acquisition deals, but negotiations between the two sides are not currently under way.
Pinterest grew rapidly during the outbreak, rising more than sixfold to nearly $51 billion at yesterday's closing price of $81.12, which could be Microsoft Corp's biggest acquisition in recent years. Microsoft Corp closed at $242.82 yesterday, down 0.39%.