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Stock impact report

Here Are Reasons Why Pinterest (PINS) Has a Significant Opportunity to Resume Earnings Growth [Yahoo! Finance]

Pinterest, Inc. Class A (PINS) 
Company Research Source: Yahoo! Finance
A copy of the same can be downloaded here . Optimism started to prevail, during the last months of the year, and investors reacted positively to news of a potential change in direction by the US Federal Reserve, as well as indications that the US economy is heading for a soft landing. In the fourth quarter, the fund returned 8.80% (net) compared to a 13.3% return for the Russell 2500 Index. Furthermore, the fund underperformed its secondary benchmark, the Russell 2500 Value Index, which returned 13.76% during the same period. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023. Meridian Contrarian Fund featured stocks like Pinterest, Inc. (NYSE: PINS ) in the fourth quarter 2023 investor letter. Headquartered in San Francisco, California, Pinterest, Inc. (NYSE:PINS) operates a visual discovery engine. On April 2, 2024, Pinterest, Inc. (NYSE:PINS) stock closed at $35.13 per share. One-month return of Pinterest, Inc. (NYSE:PINS) was 1.47%, and its Show less Read more
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