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Pinterest Shares Surge as Covid-19 Fuels User Engagement

Pinterest Inc. shares surged after the company posted stronger-than-expected user and revenue growth in the second quarter, the latest social-media company benefiting from more engagement as the pandemic keeps people at home.

The image-sharing company’s stock rose 36% to $34.29 Friday, the largest single-day percentage gain since its April 2019 initial public offering.

Second-quarter…

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