Pinterest (PINS) Stock Trades Up, Here Is Why

Shares of social commerce platform Pinterest (NYSE: PINS) jumped 6% in the morning session after following a Piper Sandler report that the company may be exploring a potential advertising partnership with Google in the United States. This update provides further insights regarding Pinterest's expansion strategy as it looks to better monetize more markets. Management noted during its Q4'2023 earnings call that it will "enable ads to be served on Pinterest via Google's Ad Manager. " Given Google's