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Pinterest (NYSE: PINS) has been trending ever higher since its $11 a share low in March 2020, nearly tripling in value over the following months. As a fully online hobby- and interest-sharing social platform, Pinterest has not only benefited from the general public's increased time online and at home over the past six months, it has positively exploded with increased usage. Pinterest announced earlier this year that it intended to further monetize through an expansion into social commerce, leveraging a partnership with Shopify to let users easily purchase items pinned to their boards.
