Pinterest stock is flying in a weak market on Friday after Pinterest Inc (NYSE:PINS) posted solid earnings for the second quarter.
Impassive ResultsSocial media company Pinterest was one of the most anticipated initial public offerings this year, and it proved to be a success. The company has managed to surprise everyone by upstaging expectations significantly in the second quarter, and Pinterest stock has since been on a roll.
Analysts estimated that the company was going to post EBITDA losses of $39 million, but the actual figure stood at $26 million. Revenues came in ...
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