|Bid||0.00 x 1300|
|Ask||0.00 x 1100|
|Day's Range||27.29 - 28.88|
|52 Week Range||16.14 - 29.17|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Strong businesses with explosive growth potential are still to be found in the current market. Pinterest (NYSE: PINS) saw a wave of user growth at the peak of the pandemic. Simply put, Pinterest's platform revolves around its ad business.
Image-browsing platform Pinterest (NYSE: PINS) has two main ways to grow its revenue: attract more users and make more money per user. The U.S. ad market is the most important part of Pinterest's business right now. Global monthly active users for Pinterest peaked back in the first quarter of 2021 at 478 million.
A 33% plunge in the Nasdaq Composite is the perfect time to go shopping for game-changing businesses trading at a discount.