Why Pinterest Stock Just Popped 12.5%

Shares of social media phenomenon Pinterest (NYSE: PINS) are marching higher -- up 11.8% as of 9:55 a.m. EST -- after the image-posting website announced powerful sales and earnings growth after-hours Thursday.  

Analysts had predicted that Pinterest would earn $0.08 per share (pro forma) on sales of $371.2 million. Instead, Pinterest reported pro forma profits of $0.12, and sales of $399.9 million.  

Image source: Getty Images.

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Source Fool.com