PINS EARNINGS DATE Q3 2021 FULL

PINS EARNINGS DATE Q3 2021 FULL

Pinterest surpassed $2bn in unaudited revenue in 2021 for the first time, and attained its first full year of GAAP profitability in 2021. Stock fundamental analysis: 2021 earnings

A reading of negative to near zero to over 100 may indicate an upward tendency in the stock’s price. The commodity channel index is a momentum-based oscillator that weighs the current mean price against the average mean price over 20 periods. The stock’s commodity channel index (CCI) reading of -94 also identified the security as ‘neutral’. An RSI reading of 30 or below would indicate the asset is in an undervalued condition, which may signal a trend reversal. In 2022, the stock lost another 30% amid wider market volatility.Īs of the time of writing (10 February), the one-day relative strength index (RSI) was pointing to ‘neutral’ at 36.41. After a series of lower highs and lower lows, the price action reversed, wiping out 60% of Pinterest value between February and December 2021. The stock is currently trading 70% below its record level (as of 10 February, 2022). On 16 February, Pinterest stock reached an all-time high of $89.15. On 12 February that year the company announced that ‘Pinners’ would get access to videos from the runway, behind the scenes photos and more from New York Fashion Week by way of a partnership with Launchmetrics. But the decline in global monthly active users (MAUs) hit the share price.Ĭan the price gain momentum, and what factors will shape Pinterest stock projections in 2022?

The company’s measures to improve the quality of content on its network gave the stock a push. San Francisco-based social networking service Pinterest (PINS) had a volatile ride last year. Pinterest (PINS) stock forecast: Can content quality give a boost? – Photo: Shutterstock

Pins earnings date q3 2021