Why Pinterest Revenue Is Soaring Despite Losing Users
Pinterest surpassed Wall Street's estimate amid a decline in users.
An image-sharing social media site that allows users to collect links and create virtual pin boards based on their interests.
| Symbol | Last Price | Market Cap | % Δ 1 Yr | % Δ 5 Yr |
|---|---|---|---|---|
|
PINS
Pinterest
|
$23.08 | $15B | -67.9% | |
|
NFLX |
$340.32 | $151B | -34.9% | 137.1% |
|
GOOGL |
$2,597.41 | $1,721B | 23.7% | 200.4% |
|
DIS |
$131.75 | $240B | -33.0% | 23.4% |
|
GOOG |
$2,609.51 | $1,721B | 23.4% | 208.6% |
Pinterest surpassed Wall Street's estimate amid a decline in users.
Is now the time for investors on the sidelines to buy Pinterest?
One carries a lot more weight than the other in determining Pinterest's stock price.
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