
PINS stock jumped 8% in after-market hours as the company’s ad revenue per user was up 28% at $1.33.
Pinterest is a visual bookmarking tool for saving and discovering creative ideas.
Pinterest, Inc. is a social media web and mobile application company that operates a software system designed to discover information on the World Wide Web, mainly using images and, on a smaller scale, GIFs and videos. The site was founded by Ben Silbermann, Paul Sciarra, and Evan Sharp. Pinterest has reached 250 million monthly active users as of October 2018.
Pinterest CEO Ben Silbermann summarized the company as a “catalogue of ideas” that inspires users to “go out and do that thing”, rather than as an image-based social network.
PINS stock jumped 8% in after-market hours as the company’s ad revenue per user was up 28% at $1.33.
US stock futures rose in early morning trading as quarterly results from Snapchat, Pinterest, Amazon surpass Meta’s earlier poor showing.
Meta recently posted a report short of expectations which affected other social media stocks, including Pinterest, Snap, and Twitter.