Why Is Everyone Talking About Pinterest Stock Right Now?

By Parkev Tatevosian, CFA – Jun 22, 2023 at 5:38PM

NYSE: PINS

Market Cap

$27B

Today's Change

(21.02%) $7.03

Current Price

$40.48

Price as of May 1, 2024, 4:00 p.m. ET

Pinterest is finding ways to collect more data from its users.

Fool.com contributor Parkev Tatevosian evaluates how Pinterest (PINS 21.02%) is increasing its inventory of targeted ads.

*Stock prices used were the afternoon prices of June 20, 2023. The video was published on June 22, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Pinterest. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.