PINS Up

Pinterest (PINS) is the FOMO stock for Friday. Alex Coffey and Jenny Horne discuss the Q3 results for the social media app. Revenues rose 8% to $685M and average revenue per user jumped 11% to $1.56. Alex and Jenny discuss what differentiates Pinterest from other social stocks and rivals Instagram, Facebook and Twitter when it comes to ad revenue and finally Alex demonstrates an example trade of Pinterest (PINS) which was ~$24/share midday Friday, that’s up 9% on the session.