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PINS Stock rallied 19.79% in a week, 18.27% YTD, and 46.13% in a year.
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Pinterest Inc., in a press conference, announced the date and time for its Q2 2023 earnings report.
Pinterest Inc. (NYSE: PINS) will release its Q2 2023 earnings report on August 1 at 4:30 p.m. ET. PINS Stock rallied 18.27% YTD. Additionally, Evercore ISI turned bullish for the social media company. This can be attributed to its improving advertising environment. Furthermore, some upgrades in the company is working on have caused the price action to swell noticeably.
Pinterest Inc. (PINS Stock) – Financial Analysis
Analysts interpret the company’s recent growth in terms of four aspects. First, improvement in digital ad spending has stabilized the company after the rough patches of 2022. Second, the new CEO, Bill Ready, made some alterations which are bearing fruits and considerably improved its operations.
Third, Pinterest witnessed material revenue growth and the poss
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