U.S. markets closed
  • S&P Futures

    4,620.75
    +25.00 (+0.54%)
     
  • Dow Futures

    34,977.00
    +119.00 (+0.34%)
     
  • Nasdaq Futures

    16,161.75
    +110.75 (+0.69%)
     
  • Russell 2000 Futures

    2,260.40
    +17.10 (+0.76%)
     
  • Crude Oil

    70.79
    +2.64 (+3.87%)
     
  • Gold

    1,794.50
    +6.40 (+0.36%)
     
  • Silver

    23.28
    +0.15 (+0.65%)
     
  • EUR/USD

    1.1297
    +0.0085 (+0.76%)
     
  • 10-Yr Bond

    1.4820
    -0.1630 (-9.91%)
     
  • Vix

    28.62
    +10.04 (+54.04%)
     
  • GBP/USD

    1.3337
    +0.0017 (+0.13%)
     
  • USD/JPY

    113.7300
    -1.6090 (-1.40%)
     
  • BTC-USD

    57,189.42
    +2,578.46 (+4.72%)
     
  • CMC Crypto 200

    1,365.60
    -89.81 (-6.17%)
     
  • FTSE 100

    7,044.03
    -266.34 (-3.64%)
     
  • Nikkei 225

    28,751.62
    -747.68 (-2.53%)
     

Why Pinterest Stock Slipped on Thursday

·2 min read
Why Pinterest Stock Slipped on Thursday
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

The growth stock's decline came after shares surged on Thursday following reports that PayPal (NASDAQ: PYPL) may have been considering buying Pinterest. Pinterest's decline on Thursday, therefore, likely reflects the stock cooling off as investors wonder whether the rumor will pan out or not. Furthermore, there are concerns that recent weakness in PayPal stock since the buyout rumor started spreading could threaten the deal.