How will partnering with Amazon and Alphabet affect Pinterest stock? Considering that the stock is about 60% under its high from a few years ago (which was around $90), I think these two deals could push it back up. That would make this the perfect... — read more
Expect bigger gains for PINS
PINS is already up 19% this year and there are signs of advertisers shifting investment over to Pinterest. However, is it realistic to hope for greater gains to come from PINS? I hope so, but I'm a little skeptical.
Things to know
Pinterest's share price is down more than 50% from its highs set earlier this year due to concerns around slowing user growth amid reopenings. The recent PayPal fiasco also added more downward selling pressure. Despite these headwinds... — read more