PINS News and Press, Pinterest Inc. Class A From 03/22/24

2024-03-22 09:15:18 ET Summary Reddit, Inc. shares have had a strong public debut, potentially making it a meme stock itself. The platform has a large and engaged user base, with 76 million daily active users participating in various communities. The company's valuation is rea...

2024-03-21 11:20:17 ET Summary Reddit, Inc. is set to begin trading with an expected valuation of around $6.5 billion. The company has solid revenue growth, lots of operational leverage, and is reasonably valued, but the company is still unprofitable, even after 18 years. We e...

2024-03-19 09:28:10 ET Summary Reddit's IPO is set to take place on March 20, with a proposed valuation of $6.5 billion. The stock ticker will be "RDDT." Reddit is not yet profitable, but I expect 20% top-line growth and 30% net margins over the long term. The proposed IPO...

2024-03-16 09:46:28 ET Summary Pinterest has underperformed the market and tech peers as of late - but that underperformance may have created an attractive entry point. Management is projecting an acceleration in top-line growth over the coming years. The company maintains a n...

2024-03-16 09:10:51 ET Summary Pinterest's Q4 results (and Q1 guide) showed continued accelerating revenue growth and MAUs, and increased user engagement, despite missing revenue estimates. The company's long-term outlook suggests continued (mid to high teens) revenue growth and e...

2024-03-15 11:25:54 ET Summary Pinterest's user growth has rebounded, with 498M monthly active users as of Q4 FY23, as it drives product innovation to attract Gen Z users and expand market share. The company is focused on strategic partnerships with advertisers to drive effective ...

2024-03-15 06:45:00 ET Fool.com contributor Parkev Tatevosian compares Pinterest (NYSE: PINS) and Snap (NYSE: SNAP) to determine the best growth stock. *Stock prices used were the afternoon prices of March 12, 2024. The video was published on March 14, 2024. ...

2024-03-14 06:49:34 ET In a move that caught the eyes of investors and analysts alike, Cathie Wood’s Ark Invest made significant trading decisions on Wednesday, offloading shares in Coinbase Global Inc (NASDAQ:COIN) and simultaneously increasing its stake in Pinterest Inc (NYSE:P...

2024-03-13 09:15:00 ET Meta Platforms (NASDAQ: META) and Pinterest (NYSE: PINS) can be considered the David and Goliath, respectively, of the social media market. Meta served 3.98 billion people across Facebook, Messenger, Instagram, and WhatsApp monthly at the end of 2023. ...

2024-03-13 08:08:00 ET Pinterest (NYSE: PINS) went public at $19 per share on April 18, 2019. The social media company's stock opened at $23.75, and eventually soared to an all-time high of $89.15 on Feb. 16, 2021. But today, it trades at about $35 a share. Therefore, a $10,000 ...