Shares of Pinterest dropped by a staggering 22.45% in 7 days from $82.15 to $63.71 at 20:51 EST on Monday, following the last session’s downward trend. NYSE Composite is jumping 0.65% to $16,325.24, following the last session’s downward trend,
Pinterest’s last close was $66.37, 41.11% under its 52-week high of $89.90.
The company’s growth estimates for the ongoing 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 $63.71 at 20:51 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 worth is way under 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 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").", "However, the truth was revealed on April 27, 2021 when, after the market closed, Pinterest announced its first quarter 2021 financial results and reported that global monthly active users grew only 30% year-over-year to 478 million, a decline from the prior quarter’s 37% year-over-year growth. "
More news about Pinterest.