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Why Nextdoor Stock Was Down This Week

TheMotleyFool

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Nextdoor Holdings (NYSE: KIND) underperformed the market this week. Shares were down 11% through Thursday trading, according to data provided by S&P Global Market Intelligence. The S&P 500 was up 0.3% during that time.

The drop added to significant losses for owners of the community connection platform. Shares are down over 60% since early 2022.

The slump came as Wall Street digested the latest earnings update from Nextdoor's management team.

Source Fool.com

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