Pinterest Stock Is Up Over 100% Since an Activist Firm Took a Large Stake. That Same Activist Reportedly Now Has a Large Stake in Starbucks.

Investors may wonder what to expect from Elliott next. While there's no way to be certain what its involvement will look like, investors can look to what it has done in the past with other companies it took stakes in. And one recent success story is image-centric social media platform Pinterest (PINS -0.87%). How activist investing can help One of the biggest changes that Pinterest made in the last two years was to open up its platform to third-party ads, such as with its partnership with Amazon. This move ...