Where Will Pinterest Inc (PINS) Stock Go Next After It Is Lower By 7.99% in a Week?

The market has been down on Pinterest Inc (PINS) stock recently. PINS gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Pinterest Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on PINS!

See Full PINS Report

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With PINS Stock Today?

Pinterest Inc (PINS) stock is trading at $18.31 as of 10:00 AM on Thursday, Jun 30, a loss of -$1.66, or -8.29% from the previous closing price of $19.97. The stock has traded between $18.27 and $19.70 so far today. Volume today is low. So far 901,344 shares have traded compared to average volume of 16,933,348 shares. To screen for more stocks like Pinterest Inc click here.

More About Pinterest Inc

Pinterest is an online product and idea discovery platform that helps users gather ideas on everything from recipes to cook to destinations to travel to. Founded in 2010, the platform consists of a largely female audience, at roughly two thirds of its more than 365 million monthly active users. The company generates revenue by selling digital ads and is now rolling out more in-platform e-commerce features. Click Here to get the full Stock Report for Pinterest Inc stock.