![]() ![]() At the moment, the company's MAUs appear stable this is because of its loyal MAUs, leading me to conclude that the company is now mature.Īt this stage, Pinterest now has a loyal customer base. The price decline was primarily due to the declining number of MAUs, which in my view, form impulsive customers during the growth phase. In 2022, the company first experienced a drastic downward trend in share prices, but in April, the share prices stabilized. This period forms the growth phase of the growth curve. The stage was characterized by a drastically growing number of monthly active users, as will be presented later in this article. From mid-2020 to late 2021, the company experienced rapid growth, hitting its highest price per share. ![]() Since going public in April 2019, PINS has had a mixed performance, which, in my opinion, is consistent with a company's natural growth trajectory.įrom its IPO to early 2020, it had slow growth forming the startup phase of the growth cycle. Initially founded in 2008 as Cold Brew Lab Inc, the company changed its name to Pinterest, Inc. ( NYSE: PINS) is a visual search engine that people worldwide use to find ideas for making a life they love. This Article was researched and written by January Mbuvi. Sundry Photography/iStock Editorial via Getty Images ![]()
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