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Why Pinterest Stock Surged Higher This Week

TheMotleyFool

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Why Pinterest Stock Surged Higher This Week

Week to date, Pinterest (NYSE: PINS) stock was up 10% as of 11:13 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence.

Pinterest outperformed the Nasdaq Composite and social media stocks Snap and Meta Platforms. At the end of April, Pinterest reported better-than-expected first-quarter earnings, which caused at least a temporary shift in investor sentiment.