If Elon Musk is keeping Twitter’s stock afloat right now, Pinterest has its own team of benefactors.
Bill Ready’s entrance at the helm, combined with activist Elliott Management’s sizable stake, seem to be the best things the social-media company has going for itself right now. The image-sharing company said Monday its revenue growth was slightly slower than Wall Street had anticipated in the second quarter, while its business swung to a loss from the year-ago period as expenses such as head count ballooned.
