1 Green Flag for Pinterest in 2022 and 1 Red Flag
Pinterest (NYSE: PINS) is having a rough start to 2022, with its stock falling almost 34% on the year as of this writing. The widespread economic reopening has not been good for the business as people spend more time away from home. The market is concerned about mounting user losses at the image-based social media platform, which is one of the red flags discussed further below.
That said, Pinterest is building out its international monetization efforts, where most of its users are based, which is the green flag I will discuss first.
Folks spent more time on Pinterest during economic lockdowns. Image source: Getty Images.
Source Fool.com
