Pinterest (NYSE) is a visual search and discovery platform with over 500M Monthly Active Users (MAUs) who use the platform to find and save ideas for various interests, with the purpose of shopping for those interests later. As of my initial “buy” rating on March 15, Pinterest stock has outperformed, rising by 28.4%, significantly outpacingContinue reading “Pinterest’s Q1 FY24 Earnings: A Deep Dive into AI-Driven Growth and Long-Term Investment Potential”
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Reddit, Inc. Prepares for IPO with a Projected Valuation of $6.5 Billion
Reddit, Inc. (NYSE: RDDT) is poised to enter the public market with an estimated valuation of approximately $6.5 billion, marking a significant milestone for the renowned online social platform. As the company embarks on its initial public offering, investors are presented with a unique opportunity to capitalize on Reddit’s expansive user base, innovative community-driven model,Continue reading “Reddit, Inc. Prepares for IPO with a Projected Valuation of $6.5 Billion”