Pinterest shares soar following report PayPal may buy it

Pinterest led by Chairman, Co-Founder, President and CEO Ben Silbermann and Co-Founder, Chief Design and Creative Officer, Evan Sharp ring the opening bell celebrating the IPO of Pinterest at the New York Stock Exchange in New York, April 18, 2019.

Brendan McDermid | Reuters

Shares of Pinterest soared Wednesday morning on a report that PayPal may acquire the social media company.

The company’s stock was up around 15%.

This is breaking news. Please check back for updates.

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