Why Pinterest Stock Jumped on Monday

·2 min read
Why Pinterest Stock Jumped on Monday

Shares of Pinterest (NYSE: PINS) jumped sharply higher on Monday, rising more than 6% as of 3:30 p.m. ET. The growth stock's gain on Monday suggests that some investors think the sell-off has gone too far, creating a buying opportunity. While the company's third-quarter earnings report did include some concerning news about the number of monthly active users facing some headwinds, it's not like Pinterest's business is suffering badly.

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