Pinterest Inc PINS shares are trading higher Friday in sympathy with social media peers Twitter Inc TWTR and Snap Inc SNAP, which both reported quarterly earnings on Thursday.
Twitter reported quarterly earnings of 8 cents per share which beat the analyst consensus estimate of 7 cents per share. The company also reported an 11% year-over-year increase in monetizable DAUs.
Snap reported quarterly earnings of 10 cents per share which beat the analyst consensus estimate of a loss of 1 cent per share. The company also reported a 23% year-over-year increase in DAUs.
Pinterest has a 52-week high of $89.90 and a 52-week low of $23.56.
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