Why Pinterest Shares Are Falling
- Date: 21-Sep-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Why Pinterest Shares Are Falling
Shares of several companies in the social media industry, including Pinterest Inc (NYSE: PINS) are trading lower in sympathy with the overall market as investors weigh continued concerns over COVID-19, the Feds two-day meeting and a sell off in Chinese equities.
Pinterest is also trading lower by 6.2% over the past five sessions in sympathy with the broader market, as stocks pull back following August strength.