PINS - Better Social Media Stock: Pinterest vs. Trump Media (Truth Social)
2024-05-11 06:05:00 ET
Pinterest (NYSE: PINS) and Trump Media & Technology Group (NASDAQ: DJT) operate very different social media platforms. Pinterest's users pin their ideas, hobbies, and interests to its virtual pinboards, and it's generally well insulated from the polarizing issues with politics, hate speech, and fake news that are plaguing other social media platforms. It shoppable pins also make it a unique place for businesses to attract online shoppers.
Trump Media's Truth Social, which was launched just over two years ago, is a social media platform that aims to "fight back against the big tech companies" that "curtail debate in America and censor voices." It closely resembles X, the platform formerly known as Twitter, but it primarily attracts conservative and right-leaning users.
Image source: Getty Images.
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Better Social Media Stock: Pinterest vs. Trump Media (Truth Social)