$PINS question
$Pinterest (PINS.US)$ I'm looking at Pinterest and trying to find out what is causing their recent loss in monthly active users. I'm wondering if anyone knows if I can find how many users they acquired (not just growth in mau).
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Jacinthen : They provided the following in their quarterly press release:
“As of November 2, 2021, U.S. MAUs were approximately 89 million and global MAUs were approximately 447 million*. The evolution of COVID-19 and the impact of the pandemic unwind on engagement remain unknown.
“We intend to provide further detail on our outlook during the conference call.”
I didn’t listen to the call but maybe their is a recording on their investor relations site.
Seems like it could be that all the boost they got in the US from people being at home during COVID is waning.