Pinterest stock jumped as of their most recent earnings report and I think it's for some really great reasons.
First,
$PINS Revenue was up 18% Y/Y...
Despite Monthly Active Users being down 9%.
This surge in revenue was due to Pinterest's ability to continually grow the Average Revenue Per User.
Also,
$PINS net loss was significantly lower than last year's loss as well as a lower percentage of the revenue generated, a killer combination.
Overall
$PINS continues to grow revenue and lower losses consistently in the face of lower users, presumably from the pandemic surge. I continue to have high hopes for the company as a standalone entity and as a solid acquisition target.