Pinterest Tops Growth Despite Announcing Restructuring And Job Cuts
Pinterest Inc. (NYSE:PINS) has surged into the upper echelon of growth stocks, according to Benzinga Edge data. However, it still faces significant bearish pressure, prompting a massive 15% workforce reduction and a strategic pivot toward AI to reverse its slumping price trends.Data Divergence: Elite Growth, Bottom-Tier MomentumThe latest Benzinga Edge rankings highlight a stark paradox in Pinterest’s profile. The company's growth score has jumped to 95.09, placing it in the 95th percentile against peers.Th ...