|Bid||73.50 x 900|
|Ask||73.20 x 1100|
|Day's Range||73.01 - 81.71|
|52 Week Range||10.10 - 89.90|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 03, 2021 - May 07, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||90.90|
Over the past 12 months, the stock has gained 300% on the heels of increased investor attention and remarkable revenue growth. Users are increasingly reliant on Pinterest's platform and services for everything from daily inspiration to delivering effective marketing initiatives. Pinterest's revenue surged 48% in 2020, while its global monthly active users spiked 37% year over year and average revenue per user rose 12%.
Shares of tech stock Pinterest (NYSE: PINS) plunged as much as 10% on Wednesday as growth stocks fell almost across the board. There wasn't any significant news out about Pinterest today, but shares of tech stocks were down sharply, and high-growth names seemed to be hit the hardest. Pinterest's shares are up 271.3% over the past year, so a pullback is natural.
At its first global ad summit, Pinterest revealed new ad tools, surprising growth among younger users and men, and special guest Dan Levy.