Why Pinterest Stock Fell Even More on Wednesday

·2-min read
Why Pinterest Stock Fell Even More on Wednesday

Shares of visual search and media platform specialist Pinterest (NYSE: PINS) fell sharply on Wednesday, extending a sharp descent from levels in the $60s just last week. Pinterest stock's decline on Wednesday likely reflects more downward momentum from news this weekend that PayPal Holdings wasn't buying Pinterest, as previous reports suggested could happen. For the week, Pinterest shares are now down about 21%.

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