U.S. Markets closed
  • S&P 500

    3,647.29
    -7.75 (-0.21%)
     
  • Dow 30

    29,134.99
    -125.82 (-0.43%)
     
  • Nasdaq

    10,829.50
    +26.58 (+0.25%)
     
  • Russell 2000

    1,662.51
    +6.63 (+0.40%)
     
  • Crude Oil

    78.34
    -0.16 (-0.20%)
     
  • Gold

    1,637.30
    +1.10 (+0.07%)
     
  • Silver

    18.36
    +0.03 (+0.15%)
     
  • EUR/USD

    0.9595
    -0.0017 (-0.1727%)
     
  • 10-Yr Bond

    3.9640
    +0.0860 (+2.22%)
     
  • Vix

    32.60
    +0.34 (+1.05%)
     
  • GBP/USD

    1.0721
    +0.0038 (+0.3538%)
     
  • USD/JPY

    144.8140
    +0.1340 (+0.0926%)
     
  • BTC-USD

    19,055.99
    -130.86 (-0.68%)
     
  • CMC Crypto 200

    436.57
    -22.57 (-4.92%)
     
  • FTSE 100

    6,984.59
    -36.36 (-0.52%)
     
  • Nikkei 225

    26,571.87
    +140.32 (+0.53%)
     

Why Pinterest Stock Fell 13% This Week

·2 min read

Shares of Pinterest (NYSE: PINS) were under pressure this week along with the rest of the market to end the worst first half of a year for stocks in over 50 years. For the sake of keeping score, the social media stock was down 13% on the week, the S&P 500 was down 2.2%, and the Nasdaq Composite was down 3.6%. During the first half of 2022, Pinterest has lost 50% of its value.