FILE PHOTO: Screens display the company logo for Pinterest Inc. during the company's IPO on the front of the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2019. REUTERS/Brendan McDermid
(Reuters) -Activist investor Elliott Investment Management disclosed on Monday it had become the largest shareholder in Pinterest Inc, backing the management of the digital pin-board firm and sending the company's shares up 21%.
Pinterest has "significant potential for growth", which led Elliott to become its largest shareholder, Elliott managing partner Jesse Cohn and senior portfolio manager Marc Steinberg said in a statement.
