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-0.00129741581947465 -0.000657889904213352 0.000504550596462409 0.00138831756478818 -0.000303924017159223 0.00698933419521657 0.0124755758946935 0.0244121687136393
Stock impact report

Pinterest (PINS) Stock Trades Up, Here Is Why [Yahoo! Finance]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Yahoo! Finance
with revenue exceeding analysts' expectations on higher-than-expected MAUs (monthly active users). Management called out progress with product innovation, including Direct Links, API for Conversions and automated bidding. Pinterest also previewed further product innovation around bidding and dynamic creative optimization solutions to help advertisers on the platform. Contributing to the strong topline performance, next quarter's revenue guidance came in higher than Wall Street's estimates. The big bright spot was actually next quarter's implied operating profit guidance--while Wall Street was expecting a loss, the company guided to a nice profit instead. Overall, we think this was a really good quarter that should please shareholders. Is now the time to buy Pinterest? Access our full analysis report here, it's free What is the market telling us: Pinterest's shares are somewhat volatile and over the last year have had 7 moves greater than 5%. But moves this big are very rare even Show less Read more
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