3 Reasons to Buy Pinterest Stock and 1 Reason Not to
Pinterest (NYSE: PINS) is having a tough start to 2022. The stock is already down nearly 30% year to date. The image-based social media site benefited when folks were spending more time at home in the early stages of the pandemic.
As economies reopen, demand for at-home entertainment is falling, and Pinterest is one business that is seeing consumer interest decrease. What follows are three reasons that support buying Pinterest stock right now and one reason to hesitate.
Image source: Getty Images.
Source Fool.com