Shares of Pinterest Inc (PINS) are trading 9% higher at a price of $23 at the time of this writing. The stock is quickly outrunning peers on a optimistic day for the Communication Services sector.

Pinterest Inc has been trading between a 52-week high of $66 and a 52-week low of $16.14. The stock has a market cap of $14.2 Billion.

Pinterest is a visual discovery engine people use to find inspiration for their lives, including recipes, home and style ideas, travel destinations and more. People have saved more than 240 billion Pins across a range of interests, which others with similar tastes can discover through search and recommendations. Headquartered in San Francisco, Pinterest launched in 2010 and has hundreds of millions of monthly active users around the world.

Pinterest Surges as New ''Under the Radar'' Shuffles App Surges in Popularity
Investing.com 08-25-22

Pinterest Comes Under Regulatory Radar Over Gender, Racial Bias: Report
Benzinga 08-25-22

Pinterest appoints VP of global business marketing from Meta
Campaign 08-25-22

A bad year may get worse for Snapchat, Facebook owners
The Indian Express 08-25-22

Pinterest faces investigation by California civil rights agency
Times LIVE 08-25-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

optionsCone - 4 upvotes - source
Powell, Friday... > We are very much data dependent. The data has shown a robust job growth situation. Heck, the latest jobs report 2X the projections. CPI remains elevated and I don't buy a one month CPI drop. All this is concerning bc it supplements inflation. Sure, you'll see some supply chain improvements but we are a ways from pre-pandemic *normal* activity. In view of this, a fed funds rate that pins/chokes inflation like Khabib did to Conor is more appropriate

KingSurfer2001 - 4 upvotes - source
I build collages daily and they are very artsy and cool going to sell them maybe on PINS someday

VacationLover1 - 2 upvotes - source
Some of you don’t trade Olympic Pins and it shows