Previous close | 0.1500 |
Open | N/A |
Bid | 0.0300 |
Ask | 0.1200 |
Strike | 20.00 |
Expiry date | 2023-06-16 |
Day's range | 0.1500 - 0.1500 |
Contract range | N/A |
Volume | |
Open interest | 20 |
Image-browsing platform Pinterest (NYSE: PINS) has two main ways to grow its revenue: attract more users and make more money per user. The U.S. ad market is the most important part of Pinterest's business right now. Global monthly active users for Pinterest peaked back in the first quarter of 2021 at 478 million.
Meta Platforms (NASDAQ: META) slashed expenses, reduced capital expenditures, and increased its stock buyback. Investors viewed these moves as prudent, and the stock soared following the announcement.
For instance, shares of Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META) are currently down 30% and 50%, respectively, from all-time highs. An exception to this weak growth trend is The Trade Desk (NASDAQ: TTD), which has continued to post impressive financial results. The Trade Desk operates a demand-side platform (DSP).