Market Sell-Off: Don't Panic, Buy Pinterest
Amid this September sell-off in stocks, investors need to keep Pinterest (NYSE: PINS) in mind. Concerns about how the company will fare in the post-pandemic world have led to modest drops in domestic usage and a massive decrease in the stock price.
However, while the social media stock experienced a significant decline over several months, its reaction during the September sell-off appears relatively muted. Such a response could imply the worst has ended for Pinterest stock, but investors may wonder whether that signifies a buying opportunity.
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Source Fool.com