2023-04-24 18:50:00 ET
Following a difficult 2022, shares of Pinterest (NYSE: PINS) are enjoying a picture-perfect rebound. The social media platform's stock rose 13% through mid-April, compared to an 8% rally in the S&P 500 .
That broader market rally surely played a role in Pinterest's positive returns so far in 2023. But investors also have some good reasons to feel optimistic about its business, which recently posted a return to user growth.
With that broader backdrop in mind, let's look at the short-term prospects for Pinterest shareholders.
For further details see:
Where Will Pinterest Stock Be in 1 Year?