The stock of Pinterest, Inc. (NYSE:PINS) is a huge mover today! The stock increased 6.03% or $1.73 during the last trading session, reaching $30.36. About 6.85M shares traded. Pinterest, Inc. (NYSE:PINS) has 0.00% since May 16, 2018 and is . It has underperformed by 4.37% the S&P500.
The move comes after 5 months positive chart setup for the $16.07B company. It was reported on May, 16 by Barchart.com. We have $31.57 PT which if reached, will make NYSE:PINS worth $642.80M more.
Pinterest, Inc. (NYSE:PINS) Ratings Coverage
Among 2 analysts covering Pinterest ( NYSE:PINS), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Pinterest had 4 analyst reports since April 15, 2019 according to SRatingsIntel.
More notable recent Pinterest, Inc. (NYSE:PINS) news were published by: Seekingalpha.com which released: “Uber’s IPO In Light Of Lyft’s Failure – Seeking Alpha” on April 30, 2019, also Seekingalpha.com with their article: “Pinterest: Another IPO To Avoid – Seeking Alpha” published on April 22, 2019, Fool.com published: “Why Pinterest Shares Continue Flying Higher After Red-Hot IPO – Motley Fool” on April 29, 2019. More interesting news about Pinterest, Inc. (NYSE:PINS) were released by: Benzinga.com and their article: “30 Stocks Moving In Tuesday’s Pre-Market Session – Benzinga” published on April 30, 2019 as well as Streetinsider.com ‘s news article titled: “Call Buying Activity in Pinterest (PINS) Targets Upside in Shares Ahead of Earnings Report on May 16th -Susquehanna – StreetInsider.com” with publication date: May 08, 2019.
Pinterest, Inc. provides a visual discovery engine that helps users to discover ideas for various projects and interests worldwide. The company has market cap of $16.07 billion. The Company’s platform allows users to discover ideas for daily activities, remodeling a house or training for a marathon, ongoing passions, and planning a wedding or a dream vacation. It currently has negative earnings. The company’s platform show visual recommendations called Pins, based on user personal taste and interests.
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Source:: Daily Times