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Why Pinterest Stock Fell on Wednesday


Shares of visual search and media platform Pinterest (NYSE: PINS) took a hit on Wednesday. The stock was down about 3% just a few minutes before the market closed.

The decline was likely driven by bearishness in the overall market for many growth stocks like Pinterest. Though many growth stocks started the trading day up several percentage points, many of these same stocks swung to a decline of a similar amount as the trading day went on.

Image source: Pinterest.https://newsroom.pinterest.com/en/gallery

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Source Fool.com

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