Pinterest, Inc. (NYSE: $PINS) has experienced notable fluctuations in its stock performance recently. On July 17, the stock showed signs of strength, with an increase of 3% noted on July 18. Analysts have pointed out the stock's outperformance, which has drawn attention. However, concerns have been raised regarding the company's overall performance, with Grizzly Research issuing a report that claims Pinterest is in a 'Death Spiral' and misleadingly presents its performance statistics. This report has garnered attention in the market, indicating a potential shift in investor sentiment towards the company.
$PINS | Grizzly Research has issued a report on Pinterest https://t.co/NWHUMU6CFY
We Believe Pinterest, Inc. (NYSE: $PINS) is in a Death Spiral but Misleadingly Doctors its Terrible Performance Statistics. Read Our New Report Here: https://t.co/AgGpoyk8rt https://t.co/SqZrESEFU2
hearing $PINS short report from Grizzly research