Pinterest (NYSE: PINS) saw a stark increase in activity on its platform in 2020 and 2021 due to the COVID-19 lockdowns, but since lockdowns subsided in most of the world, shares of the social media stock have slumped.
Pinterest has had a rough 12 months, dropping more than 70% over that period. Could this mean that shares are a steal today, or does this drop signal that investors should stay away? Two Motley Fool contributors break down that question and explain the bull and bear cases for this cheap social media stock.
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Source Fool.com