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Why Did Pinterest Stock Fall 10% in November?


Shares of Pinterest (NYSE: PINS) fell 10.3% in November, according to data from S&P Global Market Intelligence, as investors soured on social media stocks. Bad news for Snap (NYSE: SNAP) seeped into the peer group, dragging the whole space downward. Unfortunately, Pinterest hasn't created enough good news for itself to overcome that drag.

PINS Total Return Level Chart

PINS Total Return Level data by YCharts

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Source Fool.com

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