For those unaware, Pinterest is a social media website where users bookmark images from web pages across the internet and share them in collections called "Boards". It's a site that is very popular with women and is heavily used on mobile. Today, Pinterest is valued at over $15 Billion dollars and have had nothing but gains for the past week! Since Pinterest's IPO the price boomed around 75% with a strong close today almost 15% (14.5%). After hours at the time of this writing has Pinterest Inc. at $34.40 quite considerable from an open today at $30.80. Today's low for Pinterest was $29.86 with a record high of $34.41!
According to the Omnicore Agency, a digital marketing agency that provides analytics and SEO data, Pinterest has 125 Million users in the US. 40% of new signups are men, with millennials using Pinterest just as much as Instagram, respectively the median age of Pinterest is 40 years old. 50% of Pinterest users are from the US.
Pinterest (PINS) may be an interests stock to look at in 2019.
