News Formal

Pinterest soars on rising Gen Z engagement, ad-market rebound

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Explore stories from Atlantic Canada.

SaltWire's Atlantic regional weather forecast for October 31, 2023 | SaltWire - Shares of Pinterest surged 17% in premarket trading on Tuesday after a strong quarterly performance indicated that the image-sharing platform was riding a rebound in the advertising market and making inroads among the lucrative Gen Z.

"Take the strong engagement trends as a sign that Pinterest may have found product-market fit with younger users which keeps the flywheel going," Bernstein analyst Mark Shmulik said. Shares were up 17% at $29.43, and the company was on track to add nearly $3 billion in market value if the gains held.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 45. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Pinterest soars on rising Gen Z engagement, ad-market rebound'Take the strong engagement trends as a sign that Pinterest may have found product-market fit with younger users which keeps the flywheel going,' Bernstein...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »