Why Pinterest Stock Jumped 18% in February -- but Is Down 16% in March
Pinterest (NYSE: PINS) stock rose 17.6% in February, according to data from S&P Global Market Intelligence. For context, the S&P 500 returned 2.8% last month.
March hasn't been as kind to shares of the image-sharing platform operator (which went public in April 2019), as they fell 15.6% in the first week of this month.
Despite the pullback, shares are up 259% over the last year, versus the broader market's 29% return.
Source Fool.com
