Why Pinterest, Square, and Slack Tech Stocks Just Melted Down
Monday got off to an inauspicious start with the various stock market indexes falling anywhere from 2% to 3%. Tech stocks, which have soared this year, took it on the chin especially hard today.
As of 2:30 p.m. EDT shares of Pinterest (NYSE: PINS) are down 5.7%, Square (NYSE: SQ) has slipped 4.7%, and Slack Technologies (NYSE: WORK) fell 4.2%. But why are they down?
Image source: Getty Images.
Source Fool.com
