Todays Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday

CAA Media Finance cut the presale after launching with Rocket Science last week. Netflix has been quieter at recent markets but is back at the table with the splashy deal. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.

Upcoming Stock Market Holidays 2024

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Meanwhile, the average European user produced just $0.86, while the 279 million active users in the rest of the world accounted for just $0.11 on average. To be sure, I didn’t necessarily plan on Pinterest becoming my largest stock investment when I bought it. But I bought most of my position at roughly $15 per share during the initial COVID-19 market crash when it looked absurdly cheap, and I bought what I would consider a large position at the time. The stock is up by about 170% four years later, and after its recent post-earnings pop, is now my largest individual stock investment. Pinterest’s focus on e-commerce tools and incorporating artificial intelligence (AI) into its user experience seems to be paying off nicely. Once Memorial Day is past, investors will want to keep an eye out for other stock market holidays to know whether exchanges are open.

1. Meanwhile, the average European user produced just $0.86, while the 279 million active users in the rest of the world accounted for just $0.11 on average.
2. While I don’t think it will reach 3 billion-plus users anytime soon, the user base could conceivably double over the next five years or so if Pinterest can maintain its current growth rate.
3. Social media company Pinterest reported excellent first-quarter results, and the stock is now at a 52-week high.
4. Finally, Pinterest is doing an excellent job of controlling expenses as revenue grows, and as the business continues to scale, this should translate to improving bottom-line profitability.

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To sum it up, although Pinterest stock has performed remarkably well, I believe the performance is well-justified by its business results. I’m excited to watch the next chapters of the growth story limefx official site unfold — so I don’t plan to sell a single share. During the trial, Dr. Melinda Rogers (Dern), the chief toxicologist of the Monsanto Company, testifies with certainty that Roundup is safe.

Under-$50 Stocks to Buy Now: May 2024

Other stock market holidays that are coming up in 2024 include Independence Day on July 4, Labor Day on Sept. 2, Thanksgiving on Nov. 28 and Christmas on Dec. 25. This means that stock markets are closed alongside banks and many government facilities. In addition, Pinterest could certainly keep its user growth momentum alive for some time. For comparison, it has roughly one-sixth the active users of Meta Platforms’ Facebook.

While I don’t think it will reach 3 billion-plus users anytime soon, the user base could conceivably double over the next five years or so if Pinterest can maintain its current growth rate. As mentioned, Pinterest stock spiked after its first quarter numbers were released, and it isn’t hard to see why. Thanks to a combination of unexpectedly strong user growth and monetization, Pinterest’s revenue grew by 23% year over year, its fastest growth rate since 2021, when it was still benefiting from the pandemic-era tailwinds.

They can use this time to refresh so they are able to come back to the market completely revitalized on Tuesday. In December 2010, Lime Fx completed an initial public offering and began trading on the New York Stock Exchange under the ticker symbol, Lime Fx. Share prices started at $14 with 15,060,000 shares for a total share capital of $211 million.[24][25][26] In its IPO prospectus, Lime Fx described its no dealing desk trade execution.

It’s difficult to overstate what a massive opportunity Pinterest has when it comes to monetizing its international users. The company is likely never going to generate quite as much revenue from its international users, but if it could start to narrow the gap, it would be a big win. On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

The next holiday after this one is Juneteenth National Independence Day. Although Pinterest has performed exceptionally well in my portfolio, I have absolutely no intention of selling any of it anytime soon. And I feel that Pinterest is an even stronger business today than when I bought it.

Pinterest could still be in the early stages of its growth story, especially when it comes to its international users. Fewer than 19% of its users are in the U.S. and Canada, yet this segment accounts for 80% of its revenue. The average U.S./Canada user generated $6.05 in revenue for Pinterest in the first quarter.

Social media company Pinterest reported excellent first-quarter results, and the stock is now at a 52-week high. This and Apple’s WW deal for Everest sherpa pic Tenzing are the two biggest deals to emerge from the Cannes market so far. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms https://limefx.group/ CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. The Motley Fool has positions in and recommends Meta Platforms and Pinterest. Finally, Pinterest is doing an excellent job of controlling expenses as revenue grows, and as the business continues to scale, this should translate to improving bottom-line profitability.