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0 0.000300390507660112 0 -0.000360468609191963 -0.000600781015319796 -0.00270351456893951 0.000300390507660112 -0.00259537398618196
Stock impact report

Pinterest (PINS) Shares Skyrocket, What You Need To Know [Yahoo! Finance]

Pinterest, Inc. Class A (PINS) 
Company Research Source: Yahoo! Finance
Shares of social commerce platform Pinterest (NYSE: PINS) jumped 7.2% in the afternoon session as markets experienced a boost after data from the Bureau of Labor Statistics revealed that inflation for the month of February 2025 came in better than expected. The CPI rose 0.2% from the previous month (vs estimates for a 0.3% increase), while headline inflation rose 2.8% year on year (vs estimates for a 2.9% y/y increase). The data revealed inflation continued to edge closer to the Fed's 2% target, but not quite there yet. The reaction wasn't anything wild, but the sentiment leaned positive. The Nasdaq led the way, climbing 1.4%, boosting some tech stocks. Is now the time to buy Pinterest? Access our full analysis report here, it's free What The Market Is Telling Us Pinterest's shares are not very volatile and have only had 9 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be somethi Show less Read more
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