Shares of Pinterest fell by a staggering 27.29% in 30 days from $85.68 to $62.30 at 19:27 EST on Tuesday, after three consecutive sessions in a row of losses. NYSE Composite is sliding 0.22% to $16,289.27, following the last session’s upward trend,
Pinterest’s last close was $63.71, 44.30% below its 52-week high of $89.90.
The company’s growth estimates for the present quarter and the next is 285.7% and 38.5%, respectively.
Year-on-year quarterly revenue growth grew by 78.4%, now sitting on 1.91B for the twelve trailing months.
Pinterest’s Stock Yearly Top and Bottom Value
Pinterest’s stock is valued at $62.30 at 19:27 EST, way under its 52-week high of $89.90 and way higher than its 52-week low of $14.82.
Pinterest’s Moving Average
Pinterest’s value is way below its 50-day moving average of $75.15 and under its 200-day moving average of $65.25.
Previous days news about Pinterest
Kessler topaz meltzer & check, LLP reminds investors of deadline for securities fraud class action lawsuit filed against pinterest, inc.. According to Business Insider on Saturday, 1 May, "The complaint alleges that throughout the Class Period, the defendants failed to disclose to investors that: (1) user growth was already slowing; (2) as a result, Pinterest expected user engagement to slow in the second quarter of 2021; and (3) as a result of the foregoing, the defendants’ positive statements about Pinterest’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.", "The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed against Pinterest, Inc. (NYSE: PINS) ("Pinterest") on behalf of those who purchased or acquired Pinterest securities between February 4, 2021 and April 27, 2021, inclusive (the "Class Period")."
More news about Pinterest.