Pinterest (PINS): Ads Are Welcome

Pinterest (PINS) stock price is up over 20% year-to-date. “Pinterest had a lot of users during the pandemic, but now new user growth is slowing. However, user happiness is tremendous as they enjoy using the Pinterest platform, especially over competition like Snapchat, Instagram, TikTok, and Facebook. I think this has to do with the acceptance of advertisement within this particular social media channel. Also, Pinterest brand discovery mentions are up 29% year-over-year,” says LikeFolio’s Landon Swan. Kevin Hincks and Shawn Cruz weigh in on the upcoming Pinterest (PINS) earnings report.