The popularity of Pinterest seems to be driving up its value and share price in recent times. Even Microsoft tried to acquire the company (like what they did for TikTok) but the deal was quickly ‘shot down’ before it even started. So, what is all the hype about Pinterest stock? Is it still a bargain despite the massive bull run? We are about to find out here… About Pinterest – Long growth for MAUs For starters, the platform allows users to “pin” items of interest online to a virtual corkboard (like a bookmark). This helps to inspire and motivate them, and act as a catalyst to continue their passion projects like cooking, kneading or check out renovation ideas etc. As Pinterest’s popularity takes off, its numbers have been accelerating too. For its FY2020 revenue, it shot up 48% year over year to $1.69 billion, while its global user base climbed
Is Pinterest stock worth a buy now?
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