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Is Pinterest Stock a Buy Now?

TheMotleyFool

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Pinterest's (NYSE: PINS) stock chart will look familiar to any investor in tech stocks or social media stocks.

Like its peers, Pinterest shares boomed during the pandemic as lockdowns drove a surge of interest in the platform, and its user base and advertising revenue soared.

However, the economic reopening has been rough on the image-based discovery engine as its user base declined for several quarters, and revenue growth has slowed sharply due to macroeconomic headwinds and Apple's ad tracking changes.

Source Fool.com

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