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Is Pinterest Stock a Buy?

Is Pinterest Stock a Buy?

Pinterest's (NYSE: PINS) stock price dropped 5% on Feb. 7 following its fourth-quarter earnings report. Its adjusted net income fell 40% to $203 million, or $0.29 per share, which still cleared the consensus forecast by a penny. For the full year, Pinterest's revenue increased 9% to $2.8 billion as its adjusted net income dropped 45% to $426 million.