Plus   Neg

Stock Alert: Pinterest Nearing Its Yearly High

Shares of Pinterest, Inc. (PINS) are climbing more than 3% Tuesday morning at $38.14, close to its 52-week high of $39.64.

Pinterest is a social media platform that shares visual recommendations to people on a variety of subjects including recipes, home and style ideas, travel destinations, and others.

There are no company-specific news to move the stock up.

The California-based company saw substantial growth in its share value during the Covid-19 pandemic with a 3-fold jump in the last six months. In July, the company had said that it crossed 400 million monthly active users (MAU).

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Microsoft is in agreement with Alaska Airlines to enable flying more sustainably on three most popular routes traveled by Microsoft employees on Alaska Airlines, which uses sustainable aviation fuel (SAF). The SAF, supplied by SkyNRG, is an important option for the aviation industry to reduce carbon (CO2) emissions on a life-cycle basis. Walmart and Sam's Club announced options for customers to safely dispose unused, unwanted and expired medication throughout the year. With this, the retail giant aims to help the public from potential danger for misuse and abuse of prescription medications. On Saturday, October 24, the company will host in-person medication disposal events at select store and club locations across U.S. Telecom giant AT&T, Inc. reported Thursday a 24 percent decline in profit for the third quarter, primarily hurt by lower revenues across all its operating segments amid the impact from COVID-19 pandemic. Adjusted earnings for the quarter met analysts' expectations, while quarterly revenues topped their estimates.
Follow RTT