Published on 22 May 2024 on Zacks via Yahoo Finance
Pinterest (PINS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this digital pinboard and shopping tool company have returned +32%, compared to the Zacks S&P 500 composite's +5.8% change. During this period, the Zacks Internet - Software industry, which Pinterest falls in, has gained 0.8%. The key question now is: What could be the stock's future direction?