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Why Pinterest Stock Fell Sharply Today

TheMotleyFool

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Shares of Pinterest (NYSE: PINS) took a hit on Friday. The visual search and media platform provider's shares fell as much as 10.8%. As of 1:33 p.m. EDT, the stock was down 8.2%.

The growth stock's decline comes as a Seeking Alpha article noted that Cleveland Research's data indicates that "some omni-channel retailers are seeing Pinterest spending decelerating."

Image source: Getty Images.

Source Fool.com

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