TELETRADER News
2/11, 1:35 PM (Source: TeleTrader)
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Pinterest up 6% premarket on Microsoft deal reports

Pinterest jumped 6% in premarket trade on Thursday after media reported that Seattle-based tech giant Microsoft attempted to acquire the social-media company.

The negotiations reportedly occurred "in recent months" but the two sides were unable to reach the deal at that point and the talks are currently inactive.

The California-headquartered firm soared 6.39% in premarket to sell for $86.29 per share at 7:35 am ET.

Breaking the News / GA