PINS - Pinterest Pops Following Its Q1 Results. Is It Too Late to Buy the Stock?
2024-05-05 05:00:00 ET
Shares of Pinterest (NYSE: PINS) were soaring higher after the company reported strong first-quarter results and issued an upbeat outlook. Following its recent gains, the stock is up almost 90% over the past year.
Let's look at why it's climbing higher and whether or not it's too late to buy shares of the online vision board company.
Over the past year, Pinterest has seen its revenue growth accelerate nicely each quarter. However, in the first quarter, the top line took off.
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Pinterest Pops Following Its Q1 Results. Is It Too Late to Buy the Stock?