Pinterest, Inc. Experiences Revision in Stock Evaluation Amid Market Volatility

Pinterest, Inc., a midcap player in the Computers - Software & Consulting industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at $30.40, down from a previous close of $31.87. Over the past year, Pinterest has experienced a 52-week high of $40.90 and a low of $23.68, indicating significant volatility.
The technical summary reveals a mixed picture, with the MACD showing a mildly bearish trend on a weekly basis while maintaining a bullish stance monthly. Other indicators, such as the Bollinger Bands and KST, reflect bearish tendencies on both weekly and monthly scales. The moving averages present a mildly bullish outlook on a daily basis, suggesting some short-term resilience.

In terms of performance, Pinterest's returns have lagged behind the S&P 500 across various time frames. Over the past week, the stock returned -4.85%, compared to the S&P 500's -2.43%. The one-month return stands at -13.86%, while the year-to-date figure shows a modest gain of 4.83%, significantly trailing the S&P 500's 11.41%. Over three years, Pinterest has managed a return of 23.33%, but this is overshadowed by the S&P 500's impressive 81.39% return. The five-year and ten-year returns also highlight a challenging period for the company, with declines of -29.94% compared to substantial gains in the broader market.