Pinterest Is Down 72% From Its High. Time to Buy?
Shares of social media platform Pinterest (NYSE: PINS) have been fighting their way back from lows but remain more than 70% below their all-time high.
Most recently, the stock has declined following the release of its fourth-quarter earnings report as revenue fell short of analysts' estimates. Though Pinterest showed some encouraging signs in the report, it's increasingly hard to label the company a growth stock.
Here's why investors should temper any expectations around a near-term rebound for the stock.
Source Fool.com
