Will Pinterest Be Worth More Than Snap by 2025?
Pinterest (NYSE: PINS) and Snap (NYSE: SNAP) both suffered steep declines over the past month.
Pinterest's stock, which had been under pressure since its disappointing second-quarter report in late July, jumped to the low $60s in late October amid rumors of an acquisition by PayPal (NASDAQ: PYPL). However, the stock subsequently tumbled to the mid $40s after PayPal shot down those rumors.
Snap's stock, which had steadily risen after the company offered bullish long-term guidance at its investors day in February, plunged to a five-month low in late October after it posted a disappointing third-quarter report.
Source Fool.com
